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Profitable & Established Fast Food Restaurant In Winnipeg For Sale

Winnipeg, Manitoba, Canada
Asking Price:
$75,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$150,000 (CAD)
Cash Flow:
$50K - $100K (CAD)

Specialty Poutines (Mexican, Italian, Pulled Pork etc) and hot dog fast food restaurant.
Not a franchise; you can make it a franchise chain in the future
Generates 150k+ annual revenues with potential to increase it to 200-250k
Net Margins (after owner salary) 3%
Net Margins before owner salary 16%
Ready market from downtown area; and traffic from events at MTS center from Jets Games, Concerts etc
Low rent of $4,100/month
Strong brand name and reputation
Ideal for family business; two employees sufficient to run the operation; 1 part time during rush hour
High client review satisfaction rates on google, facebook etc
Price (negotiable)

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Lease would require to be reassigned to the new buyer

Leasehold Rent:

$4,300 (CAD) per annum

Location:

Prime downtown area food court with traffic from office crowd, city mall visitors, businesses, professionals and traffic from visitors to MTS center events (Jets games, Pop singers etc)

Premises Details:

City Place Food Court , first level.

Size in square feet:
276
Planning Consent:

Restaurant has 276 square feet. In addition the food court area can seat over 150 at a given time. Storage area is also included to store raw materials.

Business Operation

Expansion Potential:

High expansion potential with new products, breakfast menu, and food delivery, and creating a franchise brand in the long term

Competition / Market:

Competition from other food court vendors such as Tim Hortons, Sushi restaurant, McDonalds. However, Peg City Poutinerie sells speciality poutines, which no other competitor serves within the food court.

Reasons for selling:

Current owners bought the restaurant with a view to create a franchise chain in the long term, such as New York Fries (which has a similar product line as that of Pegcity Poutinerie), however, the current owners are looking to relocate out of Manitoba due to other professional interest, thus deciding to dispose this great profitable business.

Trading hours:

11-6:30

Employees:
3
Years established:
2017

Other Information

Support & training:

Owner will provide 4 weeks training, and access to all the menus

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$1,000 (CAD)
Related Documents:

Contact Information

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