Unique opportunity to own an easy to run dessert franchise territory and cash flowing locations in Calgary.
17th ave area location over the past year has produced $643,854.90 in revenue in its first year operation. Sellers discretionary income for this uptown 17th ave location was $237,060.37 stated in the financial notice to readers.
Food cost for this brand is very low compared to other food brands which allows for more room for margins and labor cost is also very low compared to other quick service food brands if run properly. Labour cost is also below market average as it is a simplified operation to run and manage day to day.
Currently there are 3 locations open in Calgary and the other locations are doing $60k to $80k a month in sales and have just recently opened. All have excellent locations in Calgary and long term leases. A 4th location is set to open in Airdrie in late fall 2023. One can add more locations to the city as one is purchasing the existing locations and the territory which blocks out other franchisees from entering the Calgary area market.
Price for all 4 locations
2,1 million and one will need to have around one million in cash to obtain any type of financing for these locations. Cost to build new location is around the $500k mark.
Inquire for more details and those who sign an NDA and the confidential application will receive further details.
