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$ 899,000
Est. payment | /mo
2,882 SqFt
$ 899,000
Est. payment | /mo
2,882 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,882 sqft
Price per Sqft $311
MLS Listing ID A2332477
Year Built 2021
Property Sub-Type Business
Property Description
An excellent opportunity to acquire a well established authentic Mexican restaurant with a proven operating history and strong sales performance. Successfully operating since June 2022,this business has built a loyal customer base,a solid reputation,and consistent year-over-year revenue. Now entering its fourth year of operation,this turnkey business is ideal for an owner-operator or investor seeking an established restaurant with experienced staff,efficient systems,and significant growth potential. The premises comprise approximately 2,882 sq. ft. Current monthly rent,including operating costs and property taxes,is approximately $10,492.88 per month,plus GST. As of June 2026,the business employs 20 staff members to support its daily operations. The restaurant operates Monday from 4:30pm to 9:00pm; Tuesday,Wednesday,Thursday and Sunday from 12:00pm to 9:00pm.; and Friday and Saturday from 12:00pm to 10:00pm. The sale includes substantially all furniture,fixtures,and equipment required to operate the business,with the exception of the leased dishwasher. Also included are the restaurant's proprietary recipes,operational systems,training materials,and business know-how,providing the purchaser with a seamless transition and a true turnkey opportunity. The business has demonstrated strong historical sales,with corporate gross revenue of approximately $934,000 in its first fiscal year,increasing to approximately $1.44 million in fiscal 2024 and approximately $1.55 million in fiscal 2025. This is a rare opportunity to acquire a profitable,fully established restaurant with proven systems,proprietary recipes,experienced staff,and a successful operating history. This is an asset sale only and does not include any real estate. The name,location and any additional information of the business will be disclosed only to serious,qualified buyers under confidentiality.
Location
Province AB
County 0046
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval
Listed by Royal LePage Solutions