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Century 21 Advantage Commercial

Quick Serve Franchise In Central Alberta For Sale

Alberta, Canada
Asking Price:
$225,000 (CAD)
Sales Revenue:
$440,000 (CAD)
Cash Flow:
Under $50K (CAD)

Newly Reduced, this amazing Pita opportunity in one of Alberta’s quick stop locations, right off a major highway, is perfect for a first-time franchisee or for someone looking to expand their portfolio.

With sales reaching over $400,000 +/- in 2022 and being renovated in 2016 makes this a prime location with its amazing renovation cycle.

If you are interested in further information, reach out to Team Hansen today and get the marketing package for this fantastic opportunity!

Property Information

Real Estate:

Lease

Lease Terms:

Common Area Cost: Estimated: $12.45/Square Foot. $1,301.02/Month. $15,612.24/Year (+ GST)
Additional Costs: Estimated: Sign Rental - $150.00/Month. $1,800.00/Year (+ GST)/Taxes - $847.50/Month/ $10,170/Year (+GST)/Admin. Fee - $214.22/Month. $2,570.64/Year(+GST). The owners have indicated that the 2023 costs are the same as 2023 for both additional rent and common area costs.
Total Rent: $6,797.24/Month. $81,566.88/Year (+ GST)
Current Lease Term: 10 Years. September 2015 to August 2025
Lease Life: Extends to June 2035 Including the Options to Renew

Lease Rent:
$41 (CAD) per sq ft per annum
Location:

In a high traffic retail area

Premises Details:

1250 Square Feet

Size in square feet:
1,250

Business Operation

Competition / Market:

Only restaurant of this type in the area

Trading hours:

Monday to Sunday: 11 AM - 8:00 PM

Employees:
6
Years established:
7

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Corporate training is one week in store and one week virtual training

Furniture / Fixtures value:
$80,000 (CAD)
Inventory / Stock value:
$6,500 (CAD)