World Renowned Sub Franchise In Northern Alberta

Listing ID: 700337592

Listing Title: World Renowned Sub Franchise In Northern Alberta

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Industry: Franchises

Industry Segment: Food and Beverages

Country: Canada

State / Province: Alberta



Asking Price Range: $1.0M - $2.5M

Gross Revenues: $970,000

Cash Flow: $230,000

Cash Flow Type: EBITDA

Year Established: 2014

Number of Employees: 6 - 9

Business Description:
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.

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