1515 Mayor Magrath Drive S, Lethbridge, Alberta

$96,000

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About 1515 Mayor Magrath Drive S

Ready to own a profitable, turnkey restaurant in Lethbridge, Alberta? This well-established quick-service restaurant has built a strong local following, known for its diverse, crowd-pleasing menu featuring signature chicken wings (wet and dry flavours), fan-favorite sides like tornado potatoes, French fries, onion rings, and mac & cheese, along with popular lunch specials that keep customers coming back. Designed for efficiency and ease of operation, this business is ideal for entrepreneurs or family operators seeking a manageable, income-generating opportunity. The restaurant is fully operational, with consistent cash flow and a streamlined setup that allows for a smooth transition. The sale includes all equipment, fixtures, and a fully equipped commercial kitchen, along with the necessary licenses. Comprehensive training will be provided to ensure continued success under new ownership. Located in a high-visibility area of Lethbridge, the business benefits from strong brand presence and ongoing growth in the surrounding community. No additional setup is required—step in and start operating from day one. Business Details: • Base Rent: $2,260/month + GST • Sale Type: Asset Sale • Size: 1,130 sq. ft. This is a rare opportunity to acquire a ready-to-run restaurant with solid fundamentals and room for continued growth.

Features of 1515 Mayor Magrath Drive S

MLS® # A2305204
Price $96,000
Year Built 2000
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 1515 Mayor Magrath Drive S
Subdivision Lakeview
City Lethbridge
County Lethbridge
Province Alberta
Postal Code T1K 2R4

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed April 25th, 2026
Days on Market 130
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaxwell Devonshire Realty

Listing Map