The owner is ready to sell and has reduced the asking price on this fantastic Panago Pizza location! This thriving location has been a staple since 1996, with annual sales consistently on the rise. Despite the lack of additional advertising, this location is surrounded by a primarily residential neighbourhood with ongoing development that promises to increase foot traffic. A new owner could effortlessly tap into the hot lunch program for the city’s school district. With no imminent renovations, a great city lease rate, and an established customer base primed for expansion, this location offers limitless potential!
- Asking Price:
- $599,000 (CAD)
- Sales Revenue:
- $1,000,000 (CAD)
- Cash Flow:
- $165,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
One option to renew of 5 years
Current lease term is 5 years
- Leasehold Rent:
-
$21,560 (CAD) per annum
- Size in square feet:
- 1,119
Business Operation
- Reasons for selling:
-
Contact Team Hansen for Details
- Trading hours:
-
Sunday to Thursday: 11:00 AM to 12:00 AM
Friday to Saturday: 11:00 AM to 1:00 AM
- Employees:
- 11
- Years established:
- 26
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Franchisor Training
- Financing available:
-
Contact Team Hansen for Details
- Furniture / Fixtures value:
- $128,000 (CAD)
- Inventory / Stock value:
- $18,500 (CAD)
