Discover an incredible opportunity to own a well-established, highly regarded restaurant business in Medicine Hat. Known for its operational excellence and outstanding reputation, this business is the perfect turnkey venture for an entrepreneur ready to step into success or transform it with their own vision. The business is financially sound and ready for a seamless transition. For those looking to make their mark, this restaurant also offers immense potential for rebranding. With its solid foundation, ample space, and excellent location, you can easily create and run a successful restaurant that reflects your unique vision. With seating for up to 144 guests and a full liquor license, this spacious establishment is supported by a dedicated team of 4 full-time and 22 part-time employees. Meticulously maintained and operating debt-free, it offers a seamless transition for new ownership. At the heart of the operation is a fully functional, professionally equipped kitchen designed to meet the demands of a busy restaurant. This includes a large walk-in cooler and freezer, a complete range of high-quality cooking appliances, and ample workspace to ensure smooth operations. All kitchen equipment is in excellent condition, ensuring you can hit the ground running from day one. Additional facilities include two storage C-cans, a storage shed, and a secure liquor storage room, providing practical solutions for all operational needs.The property comes with premium amenities, such as parking for approximately 40+/- vehicles, a 3-station Squirrel POS system for efficient service, a Swann 7-camera security system for peace of mind, and a recently installed hot water tank. The dining experience is elevated with a state-of-the-art surround sound system, offering high-quality audio throughout the restaurant and restrooms. A refinished private office adds convenience for administrative tasks. A company SUV is also included, adding flexibility and convenience for catering or supply ru ns.This turnkey restaurant presents endless potential for rebranding or continuing its proven success. Landlord will negotiate a new 5 to 10 year lease with the new owner. New owner must be approved by the landlord. Don’t miss your chance to own and grow this thriving local restaurant business. (id:47423)
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Detailed Information
Listing Contract Date
2025-01-20
Municipal ID
0025929134
# of Parking Spaces
40
Plan
9410399
Property Type
Business
Transaction Type
For sale
Zoning Description
MU
Business
Business Type
Restaurant
Business Subtype
Restaurant
Building
Constructed Date
1995
Heating Fuel
Natural gas
Heating Type
Forced air
Size (Exterior)
4200 square feet
Total Finished Area
4200 sqft
Land
Total Size
Unknown
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