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Wok Box Restaurant
Location: Canada -> Alberta
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Look no further for yet another great opportunity to get yourself into the food franchise industry! Especially considering that this business has dropped their asking price twice! From $230,000 to $129,000. Thats over $100,000 in price concessions! What a great opportunity for you to add a fantastic business to your portfolio for an unbeatable acquisition price! You wont find a deal like this again! This Wok Box restaurant is situated in a high traffic shopping area in a prosperous Central Alberta city! The annual sales are sure to impress you at approximately $370,000 yearly with sales trending nicely despite the suppressed Alberta economy. Considering current sales and expected growth to the area, the asking price is more than reasonable at only $129,000! Expected liquid cash injection to the Buyer would likely be less than $50,000 pending financing arrangements. The longevity of your investment is secured through a long-term lease which extends until 2029 with the options to renew. Please contact Team Hansen for all the details on this great business pending your signed non-disclosure agreement being on file with us. Don't wait as you do not want to miss this excellent opportunity!


Financials

Asking Price Range:  < $250K
Gross Revenues:   $370,000
Cash Flow:   $15,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Contact Team Hansen for details.
Reason For Selling:  Moving onto other ventures.




Print Listing Id: 700323936
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Alberta Businesses For Sale > Alberta Franchises For Sale



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