Established national franchise restaurant located in Bower Place, one of Central Alberta’s major regional shopping centres in Red Deer. The mall offers over 500,000 sq. ft. of retail space, more than 100 retailers, and strong year-round customer traffic.The business benefits from strong brand recognition and an established customer base. Gross profit margin has improved from approximately 66.6% in 2023 to 72.0% in 2025, reflecting improved operating performance.A major advantage for a new owner is that the franchisor-required renovation has already been completed, avoiding the immediate renovation cost and disruption that can come with acquiring an established franchise location.The business is currently owner-operated with the support of three full-time employees. The existing lease runs until July 2029.The asking price has recently been reduced, providing an attractive opportunity for an owner-operator, family business, or hands-on investor looking to acquire an established franchise location in a busy regional shopping centre.Training will be provided, subject to franchisor approval. Retirement sale.All inquiries and showings are by appointment only. Please do not approach or question staff directly. (id:51989)
Features of Unknown Address
- MLS® Number A2353863
- Price $149,500
- Square Footage: 471 sqft
- Property Type: Retail
Business
| Business Type | Restaurant | Business Sub Type | Restaurant |
Buildings
| Constructed Date | 2014 | Size Exterior | 471 Sqft |
| Size Interior | 471 Sqft | Total Finished Area | 471 Sqft |
| Type | Retail |
Land
| Acreage | No | Size Total Text | Unknown |
Agents and Offices
- Simon Choi
- Office: RE/MAX Complete Realty