Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Consultant Franchise Opportunity

Planet Smoothie Franchise Opportunity

Training Institute Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

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.


Financials

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
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

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



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700337592
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.