8706 Franklin, Fort McMurray, FM SE - $199,000

0
Bedrooms
0
Bathrooms
1,484
Sq Ft
N/A
Acres

GoTopLevel

REAL ESTATE BROKERAGE

403.217.0003

Office

8706 Franklin - Main Image
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Property Highlights

0
Bedrooms
0
Bathrooms
1,484
Sq Ft
N/A
Lot Size

Description

Thriving 25-Year-Old Grocery Store, Butcher Shop & Takeout Restaurant – Turnkey Business Opportunity! This well-established grocery store, butcher shop, and takeout restaurant has been a staple in the Fort McMurray community for 25 years, earning a strong reputation and a loyal customer base. With a wide selection of fresh produce, high-quality meats, and essential groceries, the store is known as a one-stop shop for food and beverage needs. The full-service butcher shop is staffed by skilled professionals who provide premium cuts and expert advice. The business recently underwent major upgrades, with over $350,000 invested in new equipment, including a full kitchen setup, walk-in coolers, and cold storage, ensuring smooth and efficient operations. There is also great potential for expansion, with opportunities to add lottery and tobacco sales to increase revenue. Furthermore, the business is approved for one foreign worker, making staffing more flexible for new ownership. With a monthly rent of $6,000 (excluding utilities) and a renewable 5+5 year lease option, this is a profitable and reliable investment for entrepreneurs, investors, and new immigrants looking for a turnkey business in a prime location. Don’t miss this exceptional opportunity—contact us today for more details!

Essential Information

MLS® #98173774
Price$199,000
Original Price$275,000
Bedrooms Total0
Total Bathrooms0
Total Square Footage1,484 sq ft
Lot SizeN/A
Year Built1975
Property TypeCommercial
Property Sub-TypeBusiness

Property Timeline & History

Current Status

Active Active

184
Days on Market
Listed for Sale
February 6, 2025

Price History

Original Price:$275,000
Current Price:$199,000
Price reduced by $76,000

Listing Status

StatusActive
Days on Market184

Additional Details

Postal CodeT9H 2J6