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World Renowned Sub Franchise In Northern Alberta
Location: Canada -> Alberta
Industry: Franchises > Food and Beverages

Business Summary

NEW PRICE – REDUCED $200K – the seller of this established store is ready to move onto retirement, so has made the asking price of this Sub Franchise Business/Building combination attractive. Annual sales for 2019 were over $970K+ and 3.5% over 2018, meaning the store should easily hit $1M in 2020. This store is located on a main highway traveling through provinces, so traffic is steady, confirming $18,000/$19,000 per week in sales. Buying the building is a benefit because a mortgage is less than a lease, thereby adding to your already attractive bottom line of $200K+ starting annual cash flow. This store will continue to prosper, since it is one of the only restaurants for hundreds of kms along this highway corridor in either direction. A reasonable down payment for both the business and building of only $425K+/- could have you in business and commercial property ownership by Fall 2020. Contact Team Hansen for further details.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $970,000
Cash Flow:   $230,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Corp US 2 Weeks and/or 80 Hrs in Store
Reason For Selling:  Seller is retiring

Print Listing Id: 700337592
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