$549,500 FOR SALE

Business for Sale

Restaurant

Total Area: 2,546 ft2

4914 52 Street
Red Deer, AB T4N 4B4

Don't miss out on this exceptional turn-key opportunity featuring two thriving businesses and a commercial building nestled in Downtown Red Deer. Situated in the bustling professional business hub, surrounded by government offices, law firms, and a state-of-the-art judicial building. This location boasts high foot traffic, making it ideal for a restaurant venture.Established in 1978, this family-owned restaurant, Saros Pizza Steak and Spaghetti House, has been a staple in the community for 45 years. Alongside Saros, Pegasus 2 for 1 Pizza operates as a takeout business, catering to customers through popular platforms like Uber Eats and Skip the Dishes. Both establishments have garnered numerous accolades over the years, including awards for "Best Greek Dining" and multiple recognitions in the Red Deer Readers Choice for "Best Lunch Spot."The building itself has undergone significant upgrades, including new flooring, fresh paint, a modern hot water tank, and comfortable bench seating. With a seating capacity for approximately 100 patrons and a spacious cooking area, this opportunity is truly turnkey. Additionally, a comprehensive list of inclusions ensures that all necessary resources for running the restaurant are included.The current owners are committed to facilitating a smooth transition of ownership, offering training and support to the new proprietors. Don't let this fantastic opportunity slip by – seize the chance to own a thriving business in the heart of Downtown Red Deer. (id:47423)

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Listed By RE/MAX real estate central alberta - Ponoka
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2119067
Last Updated Apr 05, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Community Downtown Red Deer
Price History
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Detailed Information
Total Area 2,546 ft2
Listing Contract Date 2024-04-03
Municipal ID 0013564191
Ownership Type Freehold
Plan K
Property Type Business
Transaction Type For sale
Zoning Description C1
Business
Business Type Restaurant
Business Subtype Restaurant
Building
Constructed Date 1996
Cooling Type Central air conditioning
Heating Fuel Natural gas
Size (Exterior) 2546 square feet
Total Finished Area 2546 sqft
Land
Total Size Unknown

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