Check out this fantastic opportunity to acquire a fully renovated diner franchise, located right on a major highway! Operating since 2022, sales are consistently above $700K +/- and benefit from a well-established franchise brand with national recognition. This restaurant is well equipped, fully staffed, and has a long-term lease with renewal options – providing stability and growth potential. This is an ideal opportunity for an owner-operator or an investor looking to add to their portfolio. Contact ABB Mergers and Acquistions for the full details.
- Asking Price:
- $199,900 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $705,000 (CAD)
- Cash Flow:
- Under $50K (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Two options to renew of 5 years
Current ten year lease ends in 2030
Additional rent is estimated at $2,236.45 monthly
- Leasehold Rent:
-
$106,182 (CAD) per annum
- Location:
-
Right off a major highway
- Size in square feet:
- 3,957
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Contact ABB Mergers for Details
- Trading hours:
-
Monday to Saturday: 7:00 a.m. to 9:00 p.m.
Sunday: 8:00 a.m. to 8:00 p.m.
- Employees:
- 6 - one owner works full time in the business
- Years established:
- 4
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Franchisor Training
- Financing available:
-
Contact ABB Mergers for Details
- Furniture / Fixtures value:
- $260,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $10,000 (CAD)
