1119 2 Street W, Brooks

2025-01-14
 

Quick Summary

Location
1119 2 Street W, Brooks, Alberta T1R0N9
Price
$199,950 CAD
Status:
For sale or rent
Property Type:
Business
Area:
4530ft2
Year of Construction:
2022

MLS®#A2186868

Property Description

An incredible opportunity awaits with this established Ricky’s Restaurant in the thriving community of Brooks, Alberta. Opened in 2022 and extensively renovated to an immaculate standard, this 4,530 sq. ft. restaurant is perfectly positioned to serve both locals and travelers. Conveniently connected to the lobby of the Motel 6, it offers seamless access and additional benefits such as room service throughout the motel, enhancing guest convenience and driving consistent business. The restaurant boasts a seating capacity of 192 and enjoys a diverse customer mix, with 70% being loyal locals and 30% travelers. Its lounge features three VLTs, which provide a steady cash flow and an appealing entertainment option. Operating daily from 7 a.m. to 9 p.m., the business captures a steady stream of traffic throughout the day. A new lease will be negotiated alongside the offer to purchase, ensuring flexibility for potential buyers. Whether you are considering a share or asset sale, this turnkey operation combines a trusted brand, an unbeatable location, and a strong customer base. This is your chance to own a thriving restaurant in an excellent location. Don't miss this exceptional investment opportunity! (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 4530 sqft

Land

  • Land Size: Unknown

Ownership

  • Type: Leasehold

Information entered by Grand Realty
Listing information last updated on: 2025-04-09 16:27:06


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Are your listings on MLS® and realtor.ca?

Yes, and yes.


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