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$ 550,000
Est. payment | /mo
3,750 SqFt
$ 550,000
Est. payment | /mo
3,750 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $146
MLS Listing ID A2303563
Year Built 2011
Property Sub-Type Retail
Property Description
This is an exceptional opportunity to acquire a well-established Humpty's Big Plate Diner in the high-growth market of Fort Saskatchewan. This fully operational,turnkey asset has demonstrated a proven,multi-year growth trajectory with a total revenue expansion of 87.35% over the last five years. A major value add for the incoming buyer is an upcoming franchise-approved renovation,which will be completed entirely at the seller's expense. These upgrades will be carried out to current brand standards,ensuring the facility is fully modernized without requiring any additional capital expenditure from the purchaser. The business has maintained a consistent record of positive net income,operating with high efficiency and optimized labor costs that outperform industry standards. With a 10.73% year-over-year revenue surge in the most recent fiscal cycle,this location offers a resilient and highly profitable model suitable for both experienced operators and first-time buyers. The acquisition includes all operating equipment,a strong foundation of established systems,and a seamless transition of trained staff and franchise rights.
Location
Province AB
Interior
Inclusions Seller will provide equipment list.
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions None Known
Listed by RE/MAX Real Estate (Mountain View)
REVIEWS
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Grace Logura
Viren is the Real Estate in Calgary, I would like to say he's very good person, he understood client, when making their choice on what they like or not, He's he's patient, and kind, if I know someone who went to buy house, i will recommend him.
keith mascarenhas
If you are looking for someone to help you with your real estate needs in Calgary look no further than Viren Vijayashankar. With his affable style and genuine care to meet your requiremnts he offers the best advice backed by years of fine tuned expertise. He helped us with some difficult remote decision making and look forward to working with him in the future.
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