With a spectacular location and high volume sales, this Panago Pizza opportunity is perfect for someone to add to their already established portfolio. Serving nearly half the location for more than 30 years, sales have exceeded more than $1M +/- for the last several years. Panago Pizza continues to be one of the most popular names in Canada’s restaurant industry and is known cross country for their excellent products. With a fantastic lease in place and the support of a respected franchisor, you can be well on your way to owning your own Panago location!
- Asking Price:
- $899,000 (CAD)
- Sales Revenue:
- $1,500,000 (CAD)
- Cash Flow:
- $115,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
One option to renew of 5 years
Additional rent is estimated at 12.93/square foot
Lease extends to December 2033 including options to renew
- Lease Rent:
- $20 (CAD) per sq ft per annum
- Size in square feet:
- 1,190
Business Operation
- Competition / Market:
-
Panago Pizza is one of Canada's most popular pizza franchises
- Reasons for selling:
-
Contact Team Hansen for Details
- Trading hours:
-
Monday to Sunday: 11:00 AM - 12:00 AM
- Employees:
- 19
- Years established:
- 30+
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Franchisor Training
- Financing available:
-
Contact Team Hansen for Details
- Furniture / Fixtures value:
- $250,000 (CAD)
- Inventory / Stock value:
- $15,000 (CAD)