Ricky's All Day Grill & Fatburger with Buffalos world Famous Wings
Ricky’s has been a successful restaurant brand for over 50 years. Serving breakfast, lunch and dinner with family-friendly service, Ricky’s remains a Canadian tradition and neighborhood favourite.
Located in Courtenay, British Columbia, this restaurant serves the local community of approximately 50,000 people. This location is situated off a main thoroughfare along with other retail, service and food businesses.
Annual sales are approximately $1.5M.
The investment of $299,000 plus any applicable taxes includes fixtures, fittings, equipment, and training. Franchaise fee not included in purchase price.
Franchisor requires 40% liquid cash appx $138,000
Courtenay is a central hub of northern Vancouver Island, featuring unparalleled natural beauty and community amenities.
Fatburger Canada is part of the FDF Brandz. Having developed multiple brands with over 200 restaurants, the executive and support team has years of skills, knowledge, and experience in knowing what it takes to operate a successful quick casual restaurant. As a market leader, we continually seek out new and innovative ways to make our restaurant operations more efficient and successful by creating a well-managed menu, better throughput, high value and an energetic restaurant atmosphere.
As a Fatburger Canada franchise, you will be supported by a highly experienced team who are committed to your success. You will also be connected to a network of systems that have been carefully refined to ensure that you have:
Extensive training
High-quality menu
Stylized design-forward décor elements
Proven operation system
Marketing and advertising
Own 2 restaurants for the price of one, plus a 3rd brand included with presence on 3rd party delivery apps and storefront sigange.
2 proven franchisees under one roof, sharing one kitchen. One full-service restaurant with a liquor license, the other a quick-serve, both sharing staff to greatly reduce redundant staff and minimize payroll.
A new lease is in place for 9 years with a 5 & 5 option.
Recently renovated in 2021 with recent updates in 2023. All equipment is newer and more energy efficient, which has reduced the gas bill by over 50%.
Restaurant has been operating in the same location for 30+ years with a loyal following and a new 400-unit rental complex directly adjacent to the property.
The Valley is quickly growing and offers something for everyone.
Seating is currently configured for 108 and licensed for 135, and it's one of the few restaurants in town that can handle large groups, with the kitchen maximized for speed of service, it runs with fewer staff and quick service times.
Recent changes to both menus have shown a reduction in 3%–8% food costs, reduced inventory on hand, and quicker service times.
Opportunity to add sales through Catering to fill a void here in the valley, the kitchen allows for easy flow to cater large groups without interfering with in house service.
Located in a busy strip plaza anchored by a major big box grocery store, close to ferries and airport, and amazing mountain views from the dining room.
Over $225,000 in equipment and an extensive smallware package
Appx. $10,000 in inventory not included in asking price.
Why go it alone when the franchise is here to help with menu development proven systems and 200 + units preferred vendor pricing.
Owners relocating to another province
Price does not include franchise fees or taxes.
