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Established Franchised Pizza Shop Victoria BC – Panago For Sale

Victoria, British Columbia
Asking Price:
$520,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$800,000 (CAD)
Cash Flow:
$170,000 (CAD)

Chinook Business Brokers is excited to present an fantastic opportunity to invest in one of the most respected pizza chains in the country. Panago Pizza currently has 185 franchised stores in Western Canada and is growing fast. This Victoria Panago Pizza location is one of the top performing stores on Southern Vancouver Island. The current owner has seen consistent revenue growth over his 17 years at this location. Current revenues are in excess of $800,000 with Seller’s Discretionary Earnings of close to $170,000.

This franchise is situated in a prime location on a major thoroughfare in British Columbia’s capital city, near high schools and post-secondary education institutes. The current owner has identified a number of opportunities for an ambitious purchaser to increase sales.

Panago’s fresh approach to pizza has capture the consumer’s imagination and created a brand that is a recognized leader in the delivery-takeout category. Their extensive menu, targeted marketing programs and proprietary operating systems are all designed to put success within reach for every franchisee. The franchisor offers unparalleled support to franchisees.

Panago gives their franchisees the best mentorship and support in the business. Their support begins with an intensive seven-week training program that consists of six weeks of hands-on training, held in a designated training store, followed by one week of management training. The initial training is followed up by ongoing support in business operations, sales and marketing and food service operations.

Further information available on request, please contact seller below for more details on this outstanding opportunity.

Property information

Real Estate:

Lease

Lease Terms:

Assignable with extension options

Lease Rent:
$32 (CAD) per sq ft per annum
Location:

The business is located on a major arterial road in Victoria, BC. The site is close to schools, concentrated residential and commercial customers. The location has easy access and ample parking.

Premises Details:

750 square foot take out and delivery location.

Business Operation

Expansion Potential:

The current owner has identified a number of areas where a new owner could increase revenues and will be happy to share with a qualified purchaser.

Reasons for selling:

Other interests

Trading hours:

11 am - 12 pm

Employees:
6 FT, 10 PT
Years established:
27

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Available upon request

Other Information

Support & training:

Franchisor provides outstanding support

Furniture / Fixtures value:
$20,000 (CAD) - included in the asking price
Inventory / Stock value:
$5,000 (CAD) - included in the asking price
Website:
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