Newly listed through Team Hansen, this well-known hamburger franchise is a great opportunity for a business owner! This restaurant is located right off a major highway in a busy Alberta city, surrounded by several retail stores, providing you with lots of foot and automotive traffic. Sales reached an impressive $670,000 +/- in 2022 and are currently trending even higher. Sales could be increased even further with a new hands-on owner working in the business and bringing in new marketing ideas. With a long-term lease taking you to 2036 and the support of a well-established franchise system in place, a new owner can be secure in their long term investment. Contact Team Hansen today to find out how to make this opportunity yours in 2023!
- Asking Price:
- $389,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $500K - $1M (CAD)
- Cash Flow:
- $50K - $100K (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Building Size: 2,250 Square Feet
Options to Renew: Two options to renew of five years each
Minimum Rent: $39.34/Sq Foot. $7,377.50/Month. $88,530/Annum
Additional Rent: Operating Costs ($644.17), Realty Tax ($918.50), Management Fee ($368.88), Signage ($100.00), GST ($470.45)
Total Rent: $9,879.50/Month. $118,554.03/Annual
Current Lease Term: 10 Years. October 1, 2016 to September 30, 2026
Lease Life: Lease extends to 2036 with options to renew
- Leasehold Rent:
-
$88,530 (CAD) per annum
- Location:
-
On a busy highway surrounded by several retail stores
- Premises Details:
-
2,250 Square feet
- Size in square feet:
- 2,250
Business Operation
- Competition / Market:
-
Minimal competition in the surrounding area
- Reasons for selling:
-
Contact Team Hansen For Details
- Trading hours:
-
Mon to Fri: 10:00 AM to 10:00 PM. Sat & Sun: 9:00 AM to 10:00 PM
- Employees:
- 6, 2 full time & 4 part time. One owner works in store 25 hours/week
- Years established:
- 7
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Franchisor Training
Other Information
- Support & training:
-
Franchisor Training
- Financing available:
-
Contact Team Hansen For Details
- Furniture / Fixtures value:
- $220,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $10,000 (CAD) - included in the asking price
