An excellent opportunity awaits to enter a cash-flowing and bustling food business at Uptown Mall in Victoria.
This business is easy to run and manage, with three staff members overseeing day-to-day operations, making it a streamlined operation.
Sales are consistently steady year over year, offering a combination of low price points and high-quality food offerings.
The price is $399,999, and a qualifying down payment of $165k is required.
Last year's financials show a seller's discretionary income of $141,703, with sales totaling $750,055.
This business is attractively priced below the standard 3 times multiple.
The lease is long-term with favorable rental terms. Upon signing a standard NDA, the business name and financial details will be disclosed.
The owner would like to sell the business as a share sale to reduce taxes upon sale.
The owner, who also owns a successful franchise company undergoing expansion, is selling this location to enhance flexibility and reduce overall workload.
Don't miss this opportunity to step into a cash-flowing business at an appealing valuation.
Inquire for more details.
