With sales pushing over a million for the first year in business. This high volume cash flowing corporate store is now for sale inside the Greater Toronto market.
Price $750k and owner is set to net $200k in profit this year with sales averaging $80,000 a month consistently.
Rent is long term with 9 years left and two 5 year options.
Total all rent per month is $10,500 and is situated in a prime time high traffic location in North York next to starbucks. This restaurant chain does takeout and delivery and is a fast casual operation that also does a high amount of catering.
One will need to have $300k down to qualify for the small business loan and must be experienced or have the ability to show that one can run this successful location. As the franchise is very specific on who takes over this prime time location.
Inquire for more details.