Excellent opportunity to step into a cash flowing 3 store business that are all operating in Calgary. These profitable locations are non franchised and this brand has trademark in place and can be turned into a franchise very easily. All 3 locations are owned by the same ownership.
The margins on this type of offering is very high and is a very simple business to run and manage day to day. The main beltline store produces the product offerings and is then driven to the other 2 locations in the city.
Sales are up 8% over the past 6 months when compared to last year and the locations are fully staffed and owners do not work the day to operations. The sales are growing organically on their own. As no marketing is taking place month to month.
Once and NDA is signed then the name of the brand and financials will be provided. One must have $350k down to qualify and be able to provide proof of funds through an application filled out.
SDE Sellers discretionary earnings for 2023 notice to reader financials is $182,891 and total sales are up to $864,686 which is around a 21% net net net to the owner.
Price $695k
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