Excellent opportunity to step into an existing National Pizza Franchise franchise location based in small city outside of Calgary. This pizza franchise has over 200 locations in Canada and is a very well known brand. The sales are also increasing monthly at this location.
Owners discretionary income in 2021 was $84,599. The rent is a long term lease with 7 years remaining and is a low rent per month. March 2022 - 29,664.68 April 2022 - 31,874.41 May 2022 - 40,434.40 and are increasing month over month and June is coming out even higher.
The owner has two LMI staff that work the business day to day as well and those staff from the foreign worker program will stay on with the new owner. The existing owner has an apartment as well the new owner can take it over in the town and is a very low rent. The existing owner goes there 3 days a week and lives in Calgary.
Transfer fee is 8100 USD and is typically split with the buyer and the seller and negotiated into the price.
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