Ricky’s has been a successful restaurant brand for over 50 years. Serving breakfast, lunch and dinner with family friendly service, Ricky’s remains a Canadian tradition and neighborhood favourite.
This existing Ricky’s All-Day Grill is located near Chinook Mall in Calgary, the largest shopping mall in the city. The restaurant is surrounded by big box stores including Home Depot and Bed Bath & Beyond and is a quick 5-minute walk from the Chinook C-Train Station.
Currently operated by the same owners for 18 years, this locations’ annual sales are approximately $1.1 million. This facility will undergo an extensive renovation which will include the addition of a Famoso Pizzeria module offering opportunity for additional revenues.
The investment of $470,000, plus any applicable taxes, includes renovation costs, fixtures, fittings, equipment, training, and the franchise fee of $45,000.
Potential buyers can contact Ken Wither.
After the phone call, inquirers who are still interested will be required to sign a confidentiality agreement and complete a confidential buyer questionnaire to give us a snapshot of who you are. This covers relevant business skills, credit rating, and liquid cash available. Franchisor is looking for liquid cash of a minimum of 50% of price.
Once initial documents are returned specific details and financials of the business will be shared.
Business owners or staff are not to be approached directly.