The franchisor specializing in poke, k-bowls and ramen is selling one or two of corporate owned restaurants in order to focus on supporting other franchisees and grow the brand. The store are currently doing an average of $1,000 per day in sales, but past history and comparison with other franchised restaurants show that it has a potential to significantly increase sales and profits if owned and managed by seasoned franchisees. Good lease terms, great international brand, and 4.2 and 4.4 Google ratings. Well trained staff, great suppliers and capable franchisor support team are in place. We are offering these two restaurants at significant discount to find great franchisee partners. The asking price for Richmond is $188,800 and for Broadway / Mt. Pleasant is $220,000. Complete details available to serious buyers after signing our NDA and passing our preliminary qualification to be our franchisees. Financing up to 50% may be available to well qualified franchisees.
- Asking Price:
- $100K - $250K (CAD)
- Sales Revenue:
- $250K - $500K (CAD)
- Cash Flow:
- $50K - $100K (CAD)
Property Information
- Real Estate:
-
Lease
- Location:
-
Central Richmond in a busy outdoor mall, or Mt. Pleasant on Broadway in front of a bus stop
Business Operation
- Reasons for selling:
-
Corporate owned restaurants. Franchisor wish to focus on franchising and allow franchisees to own and operate these restaurants because they tend to do much better when owner/operators run them.
- Trading hours:
-
11 a.m. to 9 p.m.
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
5% royalty + advertising fee only and when all franchisees agree.
Other Information
- Support & training:
-
Full training and ongoing support provided by the local franchisor.
- Financing available:
-
Some financing may be provided under certain terms and conditions.
