Courtesy Of RE/MAX Commercial Properties

7159 50 Avenue, Red Deer

$399,000


Looking to run your own restaurant? This is your opportunity. Well established restaurant with large loyal client base is for sale. The owner of the Ranch House Restaurant & Bar is looking to retire, and would like to transition a new owner into the business. There is an assumable lease, and affordable rates, and room for growth. The Ranch House was established in 1974 and specializes in Western Cuisine. The menu is varied, and contains appetizers to desserts. The restaurant seats u p to 100 people, with the lounge seating an additional 100, and the patio can hold up to 50 people on warm summer evenings. There are 48 parking stalls in the lot, with additional street parking close by. Upon pre qualification, and the execution of a NDA a diligence package including the current lease, four years of financials, chattels and inventory lists.

Essential Information
MLS® #A1136228
Price$399,000
Bathrooms0.00
Acres1.00
Year Built2003
TypeCommercial
Sub-TypeBusiness
StatusActive
Community Information
Address7159 50 Avenue
SubdivisionPines
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 4E4
Amenities
Parking Spaces48
Additional Information
Date ListedAugust 3rd, 2021
Days on Market81
ZoningC4
Listing Details
Office

Courtesy Of RE/MAX Commercial Properties

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