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Franchise Food Retailer In Victoria For Sale

Victoria, British Columbia, Canada
Asking Price:
$649,000 (CAD)
Sales Revenue:
$1 (CAD)
Cash Flow:
$100K - $250K (CAD)

An exceptional opportunity to acquire a highly profitable franchise retailer in the food and beverage industry.

This franchise has been serving Canada for over 40 years and has seen year over year growth. The recent renovation in late 2019 has modernized and streamlined the customer experience while reducing staffing needs and driving sales and profitability to new highs. 2020 saw an 8.2 % growth over 2019 and January 2021 has seen a further 10% increase from the previous year.

This location is run entirely by management with the owner over seeing things from afar and spending no time in store. Great profits to the owner and huge earning potential for an owner operator.

New long-term lease is in place at their central, high traffic location.

NDA required for financial information.

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires March 31st, 2031

Monthly lease of approximately $5500 per month

Location:

Located in a high traffic plaza with great signage and onsite parking.

Premises Details:

1270 sq ft of ground floor retail space

Size in square feet:
1,270

Business Operation

Reasons for selling:

Owns multiple locations, nearing retirement and downsizing.

Trading hours:

9:30am-8pm - 7 days a week. (operated by manager)

Employees:
2-3

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

FRANCHISE FEE: $30,000
Franchise fees includes the comprehensive training and all travel and accommodation during the training.
Royalty: 4%
Marketing: 3%

Other Information

Support & training:

Franchise training as well as seller training.

Contact Pemberton Holmes Real Estate

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