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Century 21 Advantage Commercial

Panago Pizza In Lower Mainland Bc For Sale

British Columbia, Canada
Asking Price:
$198,500 (CAD) Furniture / Fixtures included
Sales Revenue:
$495,000 (CAD)
Cash Flow:
Under $50K (CAD)

The owners are ready to sell and have reduced the asking price on this desirable Lower Mainland Panago Pizza location to $198,500. Surrounded by a vibrant mixture of residential buildings and businesses, this location on a major traffic route provides a new owner with a built in customer base. Sales have been steady for the last several years, reaching $490,000 +/- in 2023 and there is room to grow even further with a hands on owner and innovative marketing. This location was built brand new in 2018, so no costly renovations will be required for your first few years in business. There is a great lease rate in place taking you to 2038 including the options to renew. This is a promising opportunity for someone looking to own their own business with the support and guidance of a well respected franchisor. Panago Pizzas are a frequently requested opportunity and this opportunity is not expected to last – don’t hesitate!

Property Information

Real Estate:

Lease

Lease Terms:

Two options to renew of 5 years
10 year lease
Extends to May 2038 with options to renew

Lease Rent:
$46 (CAD) per sq ft per annum
Location:

In a busy area

Size in square feet:
1,045

Business Operation

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:
8
Years established:
6

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchisor Training

Other Information

Support & training:

Franchisor Training

Financing available:

Contact Team Hansen for Details

Inventory / Stock value:
$7,000 (CAD)