Kelowna Pizza Business In High Volume Location For Sale

Business description

This unique high volume producing Pizza business is independently operated with no franchise fees. It offers unique products and its fully computerized with all the sytemized operation in place. This business has a well established brand within the community and is ideal for a family. The high-end fixtures & equipment are in good condition and included in the asking price. They have clients who order daily for their own business, schools and do takeout and delivery in Kelowna and area.
For the more advanced entrepreneur open more corporate stores or sell franchises to qualified individual franchisees. The restaurant is also open later than it’s competitors and dominates the late night marketplace.

Property information

Real Estate:

Lease

Lease terms:

2nd 5years of a 10 year lease expires April 30, 2015.
Current monthly payments Base rent $1,767.33 + CAM $903.75 + Advertising $80.33 plus tax

Leasehold rent:

$21,207 per annum

Location:

In a high traffice area with outside frontage within a shopping mall

Premises details:

The main concept is take out and delivery, however there is some seating area for customers who wish to buy pizza slices and eat in.

Size in square feet:

900

Business Operation

Expansion potential:

business can be duplicated in other area's

Competition / Market:

In light of a tough economy, the business has developed a solid market position opposite its competitors of national pizza chains. The restaurant is also open later than it’s competitors and dominates the late night marketplace.

Reasons for selling:

moving

Trading hours:

From 11:00am to 2:00 am Monday to Thursday and 11:00 am to 4:00 am Friday to Sunday

Employees:

7 inside and 7 drivers

Years established:

almost 7 years

Other information

Support & training:

Full training Ongoing consulting

Financing available:

Assume BDC loan approximately $50,000 must be qualified by the bank

Furniture / Fixtures value:

$51,000 (included in the asking price)

Inventory / Stock value:

$20,005,000 (included in the asking price)

Relocatable:

This business can be relocated.