Jugo Juice In Calgary For Sale

Business description

Golden opportunity to own a Jugo Juice Bar business located in down town Calgary.

This prime location is in a food court connected to 4 high rise buildings in down-town Calgary ***A new 36 story building (850,000 sq ft) construction has begun, which will have +15 connection to this location as well. This is a great business for family operation or investment, with huge potential to grow sales!!!

Easy to run and makes good profits. Only 2 years old with all brand new equipment. Rent payment: $5350/mth Utilities: Included Insurance: $100.00/mth Business tax: $260.00/mth Lease agreement is good for another 8 years.
*1st year (2011) gross income was $235.800.

Food cost estimate about 30%. Need 1 full time & 2 part time to operate this business in winter month, more staff needed.
Franchise fee of royalty 6% base on gross sale, 4% for advertising.

Operation hours:
Monday to Friday 7:30am to 4:30pm (but can be extended from 6:30am to 6pm). Sat Sun & Holiday closed.

Please Note: Currently store is operated by a manager as owner is mostly out of town.

This is a great opportunity for someone that is looking to invest in a turnkey business, as this modern design store and all of the equipment are only 2 years old, and no maintenance/renovations are required.

Please contact listing agent for more details.
Asking for $159,900 (obo) ***Listed below fair market value for a quick sale!!!***

Property information

Real Estate:

Lease

Lease terms:

8 year left on current lease

Leasehold rent:

$62,400 per annum

Location:

Downtown Calgary- AB Canada

Premises details:

488 sq.ft only 2 year old

Size in square feet:

488

Business Operation

Reasons for selling:

Seller moving to BC

Trading hours:

7:00am - 4:30pm

Employees:

2 full 1 part time

Years established:

2010

Other information

Furniture / Fixtures value:

$250,000

Inventory / Stock value:

$3,000 (included in the asking price)

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