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 $7200 all in and including CAM which represents a well below cost occupancy percent of rent based on $915k 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