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Listed by:

ABB Mergers & Acquisitions

High Volume Panago Pizza In British Columbia For Sale

British Columbia, Canada
Asking Price:
$844,444 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,050,797 (CAD)
Cash Flow:
Undisclosed

This opportunity doesn’t come along every day – here is your chance to own one of the top-performing Panago Pizza franchises in the Lower Mainland! After more than 30 successful years in operation, the owners are ready to retire and this is a great chance for a new owner to come in and take advantage of their hard work.

This outstanding opportunity offers numerous advantages for a new owner – consistent annual sales, a full top-to-bottom renovation completed in 2022, a stable long-term lease and a reliable and experienced staff already in place.

This store benefits from exceptional visibility and accessibility. Ideally located next to a SkyTrain station in a quickly expanding neighbourhood, the future growth potential is tremendous due to expected population growth over the next five years. With 3 – 4 new high rise residential towers opening soon, this area should see more than 20,000 new residents, giving a new owner a built-in customer base.

Property Information

Real Estate:

Lease

Lease Terms:

Total additional rent is $2,462.76 monthly
Two options to renew of 5 years
Lease extends to 2041

Leasehold Rent:

$57,408 (CAD) per annum

Lease Rent:
$48 (CAD) per sq ft per annum
Location:

In a busy location near a Sky Train station and several new high rise buildings

Size in square feet:
1,196

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Contact ABB Mergers & Acquisitions for Details

Trading hours:

Sunday to Thursday: 11:00 a.m. - 12:00 a.m.
Friday & Saturday: 11:00 a.m. - 1:00 a.m.

Employees:
15
Years established:
30+

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Franchisor Training

Financing available:

Contact ABB Mergers & Acquisitions for Details

Furniture / Fixtures value:
$500,000 (CAD) - included in the asking price
Inventory / Stock value:
$8,500 (CAD)