Two locations available of this Canadian brand has been in business and growing consistently for 40 years, with this specific spot serving customers for more than 30 years. With a solid foundation and a focus on excellence, this brand is all set for continuous growth. They really go the extra mile to support their Franchise Partners, offering top-notch training and ongoing assistance. All the marketing is taken care of by the head office marketing team. Extremely easy to run model with training provided initially by head office and then followed by training in store. The minimal waste and low staff overhead make it a fantastic opportunity for potential franchisees. Any realtor's that refer a client that results in a finalized sale will be given a 10K commission per store. Business is being sold due to the seller's partner's job transfer to a different province. Potential buyer will need 50% of agreed sale price in cash according to the franchise requirement. In order to look at the financials buyer must sign an NDA.
- Asking Price:
- $395,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1M - $5M (CAD)
- Cash Flow:
- $50K - $100K (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5 year lease term with 5 year renewal option.
- Leasehold Rent:
-
$81,600 (CAD) per annum
- Location:
-
Both locations located in extremely busy strip malls with over 20 other businesses. Very high traffic areas with two of the highest income suburbs in Winnipeg.
Business Operation
- Competition / Market:
-
This particular brand has a loyal clientele and does not face major competition.
- Reasons for selling:
-
Seller's partner has been transferred to another province.
- Employees:
- 4
- Years established:
- 30
Franchise Information
- Franchise opportunity:
-
Franchise Resale
