Excellent opportunity to step into a low cost of entry cafe franchise location in Kitchener.
This location is situated inside a government building and has a long term lease.
Rent is $7128 per month all in and including taxes.
Sales are $515k for the past year.
Currently over the past year this location did $515k in sales. When looking at the industry averages of a fast food cafe at 12.% net net range this location should take home $61,800 per year if run properly and if one controls the labour and food cost properly.
This is not including if the owner works the day to day they can pay themselves first a salary as well.
Price $209,000
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