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Burger Bandits In North Gta Reduced For Sale

North GTA, Ontario, Canada
Asking Price:
$390,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$600,000 (CAD)
Cash Flow:
$175,000 (CAD)

**PRICE REDUCED **
This well-established fast-casual restaurant enjoys a reputation as the go-to place in town for next-level burgers, fries, and more.

This is not your typical fast-food restaurant. Only fresh meat and hand-cut potatoes are served, along with real ice cream milkshakes and sides.

The business is going into its 10th year of operation and revenues continue to increase. Wildly profitable with lots of growth opportunities in the region. An hour away from the largest city in the country this restaurant is the stopping place for travelers, tourists, and locals.

There are 3 different revenue sources all contributing to the bottom line.

Property Information

Real Estate:

Lease

Lease Terms:

Very favourable lease terms with options to renew

Leasehold Rent:

$25,000 (CAD) per annum

Location:

Located in a busy strip plaza near three different schools and the main trading area

Premises Details:

1,000 square feet

Business Operation

Expansion Potential:

There is lots of opportunity to expand the brand,

Competition / Market:

There is very little competition - fast food restaurants are not considered competition because of the distinct quality of the food

Reasons for selling:

The Owner wants to pursue other interests

Trading hours:

11:00am - 8:00pm / 7 days a week

Employees:
10
Years established:
2015

Other Information

Support & training:

The owner will stay on and train for a minimum of 4 weeks to insure a smooth transition.

Furniture / Fixtures value:
$150,000 (CAD) - included in the asking price
Inventory / Stock value:
$20,000 (CAD)