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High Volume South Calgary Drive Thru Franchise Location For Sale

Calgary, Alberta, Canada
Asking Price:
$490,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$915,000 (CAD)
Cash Flow:
$100K - $250K (CAD)

Excellent opportunity to purchase an existing drive thru fast food franchise location in South Calgary.

Sales for the past year are $915,000 and this business has a long term lease with 2 5 year options and long term duration remaining.

Rent is $7800 all in and including CAM which represents a 10.1% occupancy cost based on $923k sales. Monthly P +L's are being produced now and is a profitable operation.

One will need to have around $225k down to qualify for small business and must be an owner operator who runs the day to day business. This is currently a corporate store now being sold to the right franchise partner.

Once an NDA is signed then the name of the business and location and further details will be provided. Current manager makes $60k per year and could be owners salary plus profits.

Price $490,000

Inquire for more details

Property Information

Real Estate:

Lease

Lease Terms:

Long term

Leasehold Rent:

$7,802 (CAD) per annum

Location:

South Calgary Inquire for more details

Premises Details:

Inquire for more details

Business Operation

Expansion Potential:

Excellent opportunity to open several locations of this brand

Competition / Market:

None in this area

Reasons for selling:

Corporate store now being sold to the right fit franchise partner.

Employees:
10
Years established:
2020

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Long term

Other Information

Support & training:

Excellent local support and training and guidance from local head office in Calgary

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes can assist with the small business loan and one will need to have 220k down to qualify and some vendor financing could take shape if the right fit person came to light.