Here is your opportunity to acquire a well-established Panago Pizza franchise in a high-traffic community in the Lower Mainland. In business since 2000, this business benefits from over two decades of established customer recognition and the strength of one of Canada’s most recognized pizza franchise brands. Sales have recently increased due to a recent territory increase and there is a chance for a new owner-operator to become more involved and improve profitability through hands-on management and cost efficiency. There are several other benefits to a new owner – good lease extending through 2032, a fully trained staff and comprehensive franchise support provided by Panago. This is an opportunity well suited for experienced restaurant operators and qualified first time franchisees.
- Asking Price:
- $475,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $708,554 (CAD)
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
One option to renew of 5 years
Extends to July 2032 with options to renew
- Leasehold Rent:
-
$42,600 (CAD) per annum
- Location:
-
Lower Mainland British Columbia
- Size in square feet:
- 1,206
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Contact us 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:
- 6
- Years established:
- 26
Other Information
- Support & training:
-
Franchisor Training
- Financing available:
-
Contact us for details
- Furniture / Fixtures value:
- $495,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $8,500 (CAD) - included in the asking price
