Retail For Lease in Other, Red Deer

$149,500
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.
List Price
$149,500
Lease Price
$10,990
Lease Unit
Fixed
Lease Term
Month
Property Type
Commercial
Type of Dwelling
Retail
Transaction Type
Lease
Area
Red Deer
Sub-Area
Other
Year Built
2014
MLS® Number
A2353863
Listing Brokerage
RE/MAX Complete Realty

Request More Info or a Showing

Simon Choi

RESIDENTIAL & COMMERCIAL REALTOR®

Phone: 403-479-1472

simonchoi2013@gmail.com

320, 180 Quarry Park Boulevard SE Calgary AB T2C 3G3