Full-service franchise restaurant for sale. Distinctive and unique food and drink offerings, combined with modern design concepts, makes this restaurant popular with the younger urban crowd who are seeking out higher quality food. Sales revenue, already above industry average, increased more than 30% above the previous fiscal period, even during Covid related restrictions.
- Asking Price:
- $789,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $2,115,375 (CAD)
- Cash Flow:
- $281,589 (CAD)
- Real Estate:
- Premises Details:
The restaurant is well located in a richly populated area in a commercial strip type building that has excellent visibility to the street, easy accessibility, along with ample free parking. The premise is modern and open in its design concept.
- Expansion Potential:
The trend towards urban growth is intensifying with that we see an increasing number of young adults eating out — breakfast included. Young adults in general eat out more than previous generations.
- Competition / Market:
As the restaurant is located in an urban setting there is of course competition. The franchise sets itself apart with its focus on higher quality food than the normal fast food offerings.
- Reasons for selling:
The owner is a developer and is simply moving on to the next project.
- Trading hours:
- 12 FT / 13 PT
- Years established:
- Franchise opportunity:
- Support & training:
Will train for 4 weeks @ no cost
The franchise takes pride in creating distinctive and unique food and drink offerings, continually updating the menu to keep patrons engaged.
- Furniture / Fixtures value:
- $1,444,354 (CAD) - included in the asking price