3722 57 Avenue ,
Red Deer,
T4N4R7
MLS® A2248207
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FOR SALE $114,000.00
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FOR SALE $114,000.00
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FOR SALE $114,000.00
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FOR SALE $114,000.00
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FOR SALE $114,000.00
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Thriving Pizza & Street-Food Restaurant in Prime Central Location-Red Deer
This is a highly successful and visually appealing pizza and street-food restaurant, ideally located in a vibrant central area. The current owners took over just over two years ago, at a time when the business was underperforming with modest sales and lackluster profits.
Since acquiring the restaurant, the owners have undertaken a full-scale renovation. The dining area was expanded and redesigned with tasteful and elegant interiors, including new paint, flooring, ceiling work, and various other upgrades. These enhancements transformed the customer experience and led to a sharp increase in sales. Where there was once no dine-in space, the restaurant now regularly operates at full seating capacity.
In addition to the physical upgrades, the menu was completely revamped. The owners diversified the offerings by adding a range of South Asian cuisine and popular street-food dishes alongside the classic Western-style pizzas. This bold shift contributed significantly to the business’s remarkable growth. Annual sales have increased from $117,000 to approximately $300,000. The volume of orders has now reached a point where the team often struggles to keep up with demand.
Attached to this email, you will find:
Last year's financial statements
Sales data from a representative day (June 22, 2025)
A breakdown of renovation expenses and improvements
Current photos of the restaurant
Links to our 5-star customer reviews on Facebook and Google
Outstanding Location
This restaurant enjoys one of the best possible locations for this type of business. It is surrounded by three schools, a senior living residence, numerous apartment buildings, and both multi-family and single-family homes. It is also just minutes away from Red Deer Polytechnic and offers easy access to a major highway—factors that drive strong dine-in and delivery sales.
Key Financials:
Monthly sales consistently exceed $30,000 (typically ranging between $25K–$30K)
Monthly NNN rent: $2,300
Utilities: approximately $800/month
This is a turnkey opportunity to acquire a fast-growing, fully modernized restaurant in a high-traffic area with an excellent reputation and strong future potential.
The EBITDA value formula dictates that the market value of this business ought to be $315,000; whereas we have listed at a mere $169k.
DOWNLOAD Feature sheet
ESSENTIAL
| MLS®: | A2248207 |
| Price: | 114,000.00 |
| Type: | Commercial |
| Sub Type: | Business |
| Restrictions | None Known |
| DOM | 141 |
INTERIOR SNAPSHOT
| Sq Ft: | 1,350 |
COMMUNITY DETAILS
| Address: | 3722 57 Avenue , Red Deer, Alberta T4N4R7 |
| City: | Red Deer |
| Subdivision: | West Park |
| County: | Red Deer |
| Province: | Alberta |
| Postal Code: | T4N4R7 |
| School: | Schools |
| Housing: | Housing Market |
| Statistics: | Real Estate Statistics |
EXTERIOR
| Year Built: | 1985 |
| Structure Type: | Low Rise (2-4 stories) |
ROOM DIMENSIONS
Inclusions:
Contact the listing realtor for the list
Big John PetersonRE/MAX Realty Professionals
Cell: 403-244-5646
Office: 403-244-5646
(142 Reviews)
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Courtesy: DreamHouse Realty Ltd.
Similar West Park Homes
December 30th 7:00pm
Property Overview 3722 57 Avenue , Red Deer, Alberta, T4N4R7
This new listing is a Commercial located at 3722 57 Avenue , Red Deer MLS® A2248207 in West Park has 0 bedrooms, 0 bathrooms, approximately 0 Sq. Ft. priced at $114,000. View location on Google maps, compare real estate statistics, Open Houses, just listed, crime statistics, golf course homes, local parks more information on community of West Park real estateFAQs 3722 57 Avenue , Red Deer, Alberta, T4N4R7
3722 57 Avenue MLS® A2248207 has an approximate size of 0 Sq. Ft. located in West Park.
Nearby schools include read Schools & resources
There are 0 bedrooms and 0 bathrooms in this Commercial listing at 3722 57 Avenue , MLS® A2248207.
This Commercial listings is priced at $114,000.
This property is located at 3722 57 Avenue , Red Deer, Alberta, T4N4R7 in the West Park community on the market for 141 days. View location on Google maps.
You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our West Park community resources page.
Recent Reviews
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A Satisfied Customer - Buyer
We would highly recommend Big John and his team. Selling a property can be highly stressful. They alleviated much of that stress by keeping us informed throughout the whole process. Their professional advice was invaluable. We truly appreciated all of the team and thank them for their service
Rick B
Big John Peterson - RE/MAX Realty Professionals
Big John PetersonRE/MAX Realty Professionals
Cell: 403-244-5646
Office: 403-244-5646
(142 Reviews)
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