Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

New Price World Renowned Sub Franchise In Northern Alberta For Sale

Northern Alberta, Alberta, Canada
Asking Price:
$1,600,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$970,000 (CAD)
Cash Flow:
$230,000 (CAD)

New price – reduced $200K – the seller of this established store is ready to move onto retirement, so has made the asking price of this Sub Franchise Business/Building combination attractive. Annual sales for 2019 were over $970K+ and 3.5% over 2018, meaning the store should easily hit $1M in 2020. This store is located on a main highway traveling through provinces, so traffic is steady, confirming $18,000/$19,000 per week in sales. Buying the building is a benefit because a mortgage is less than a lease, thereby adding to your already attractive bottom line of $200K+ starting annual cash flow. This store will continue to prosper, since it is one of the only restaurants for hundreds of kms along this highway corridor in either direction. A reasonable down payment for both the business and building of only $425K+/- could have you in business and commercial property ownership by Fall 2020. Contact Team Hansen for further details.

Property Information

Real Estate:

Real Property Included

Location:

Located in Northern Alberta

Premises Details:

2140 +/- Sq Ft

Business Operation

Competition / Market:

Minimal

Reasons for selling:

Owner is retiring

Trading hours:

Monday to Friday: 6:00 AM to 10:00 PM; Saturday & Sunday: 7:00 AM to 10:00 PM

Employees:
9: 5 F/T; 4 P/T (1 P/T employee is the owner)
Years established:
2014

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Contact Team Hansen for details

Other Information

Support & training:

Corp. U.S. 2 weeks and/or up to 80 hrs in store

Financing available:

Contact Team Hansen for details

Furniture / Fixtures value:
$295,000 (CAD) - included in the asking price
Inventory / Stock value:
$7,000 (CAD)

Contact Century 21 Advantage Commercial

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here