Location, Location, Location! A new owner couldn’t ask for a better spot in the Lower Mainland! A reasonable down payment of $150K can have you as the new owner/operator of this well known and established Panago Pizza location. This store is surrounded by a multitude of businesses and large residential neighborhoods that have yet to be fully advertised to. As the new owner, you can be secure in your fantastic lease rate until 2032 including your options to renew. Cash flow and wage for a first year give a promising start to someone who is a first time business owner. Contact Team Hansen for all the details on this location, you do not want to miss out!
- Asking Price:
- $495,000 (CAD)
- Sales Revenue:
- $675,000 (CAD)
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
One option to renew of 5 years
Extends to July 2032
- Lease Rent:
- $29,364 (CAD) per sq ft per annum
- Location:
-
On a busy roadway surrounded by residential and retail
- Premises Details:
-
1206 Square Feet
- Size in square feet:
- 1,206
Business Operation
- Competition / Market:
-
Panago Pizza remains a popular pizza franchise
- Reasons for selling:
-
Contact Team Hansen for Details
- Trading hours:
-
Sunday to Thursday: 11:00 AM - 12:00 AM
Friday & Saturday: 11:00 AM - 1:00 AM
- Employees:
- 7
- Years established:
- 16
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
5 weeks franchisor training in the Lower Mainland
- Financing available:
-
Contact Team Hansen for Details
- Furniture / Fixtures value:
- $200,000 (CAD)
- Inventory / Stock value:
- $15,000 (CAD)