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$ 199,000
Est. payment | /mo
725 SqFt
$ 199,000
Est. payment | /mo
725 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 725 sqft
Price per Sqft $274
MLS Listing ID A2346491
Year Built 1960
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Business
Property Description
Excellent opportunity to acquire a well-established Vietnamese/Asian take-out restaurant in Black Diamond,Alberta. This business offers a practical and attractive setup for a family-operated business,with an established customer base and a strong local presence. The restaurant is well known within the community and has developed a solid reputation for Vietnamese and Asian cuisine.
The take-out restaurant format is particularly well suited to the local market,providing an efficient operation with manageable space and overhead. According to the Seller,the business experiences strong customer traffic and offers the potential to keep an owner/operator actively engaged throughout the year. This is an excellent opportunity for an entrepreneur or family looking to operate a food-service business in a smaller Alberta community.
The business occupies approximately 725 sq. ft.,with current rent of approximately $2,000/month,plus utilities of approximately $1,000/month. The Seller is offering the business and its assets for $199,000 OBO. The sale is due to owner retirement after 20 years in the business.
Additional opportunity: The building/property may also be available for purchase for $300,000,providing a potential option for a buyer interested in owning both the operating business and the real estate. Business and property are offered separately. Buyers are encouraged to conduct their own due diligence regarding financials,lease terms,equipment,permits,and operating requirements. If interested more for additional information available and to arrange a private showing today.
The take-out restaurant format is particularly well suited to the local market,providing an efficient operation with manageable space and overhead. According to the Seller,the business experiences strong customer traffic and offers the potential to keep an owner/operator actively engaged throughout the year. This is an excellent opportunity for an entrepreneur or family looking to operate a food-service business in a smaller Alberta community.
The business occupies approximately 725 sq. ft.,with current rent of approximately $2,000/month,plus utilities of approximately $1,000/month. The Seller is offering the business and its assets for $199,000 OBO. The sale is due to owner retirement after 20 years in the business.
Additional opportunity: The building/property may also be available for purchase for $300,000,providing a potential option for a buyer interested in owning both the operating business and the real estate. Business and property are offered separately. Buyers are encouraged to conduct their own due diligence regarding financials,lease terms,equipment,permits,and operating requirements. If interested more for additional information available and to arrange a private showing today.
Location
Province AB
County 0111
Direction S
Interior
Inclusions Seller will provides
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Utility Right Of Way
Listed by First Place Realty
Nearby Locations
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