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Successful, Award Winning, Renovated Restaurant For Sale

Central Ontario, Ontario
Asking Price:
$1,150,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,400,000 (CAD)
Cash Flow:
$250K - $500K (CAD)

Brand:
- Long established franchised casual dining family brand.

Location for Sale:
- Outpacing Brand growth. Impressive sales volume. Highly profitable. Solid cash flow.

Locale:
- Fast growing community. Ranked among top ten cities in Canada for investment.

Further information available upon request. Please contact seller below for more details.

Property information

Real Estate:

Lease

Lease Terms:

Five years remaining on existing lease term, plus two 5-year options.
Property Taxes - approximately $31,700.00/annum ($5.62/sq. ft.).
Franchisor Covenancy Fee - $3,384.00/annum ($0.60/sq. ft.).

Leasehold Rent:

$115,620 (CAD) per annum

Lease Rent:
$21 (CAD) per sq ft per annum
Location:

High profile location. Situated at a major intersection. Close to large regional employers.

Premises Details:

Freestanding building with large, attractive patio. Ample parking. Highly visible signage.

Size in square feet:
5,640

Business Operation

Competition / Market:

Other casual dining brands.

Reasons for selling:

Retirement.

Trading hours:

Sunday to Thursday - 11:00 a.m. - 11:00 p.m.
Friday and Saturday - 11:00 a.m. - midnight

Employees:
40 +
Years established:
25 +

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Royalty Fee - 5%.
National Advertising Fee - 3%.

Other Information

Support & training:

Comprehensive training program offered by Franchisor

Contact Seller

Contact Information

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