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Century 21 Advantage Commercial

Successful Panago Pizza Franchise In Canada For Sale

Alberta, Canada
Asking Price:
$445,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
Under $50K (CAD)

Panago Pizza located in the core of a big city in Alberta. The community is surrounded by a built in customer base with room for growth.

Sales have been strong the last few years reaching nearly $850,000 +/- in 2023.

This location is worry free! The renovation is not due for a few years, there is minimal staff expenses and a delivery system in place.

The lease extends to 2029, allowing a buyer to be secure in their long term investment.

This is a great opportunity for two buyers to team up to run the location and earn a reasonable income.

Let Team Hansen know if you're interested, we shall provide a full information package and guide you through the franchisor and banking steps.

Property Information

Real Estate:

Lease

Lease Terms:

Base Rent: Current: $55.00/Square Foot. $5,357.92/Month. $64,295.00/Year (+ GST)
Additional Rent: As of 2023, $923.00/Month in Premise Tax, $1,224.00/Month for Common Area Maintenance, and $300.00/Month for Signage. (+GST)
Total Rent: $7,804.92/Month. $93,659.04/Year (+ GST)

Lease Rent:
$55 (CAD) per sq ft per annum
Location:

In a high traffic strip mall

Premises Details:

1,169 Square Feet

Size in square feet:
1,169

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:
7
Years established:
14

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Franchisor Training

Furniture / Fixtures value:
$110,000 (CAD) - included in the asking price
Inventory / Stock value:
$15,000 (CAD)