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New Rickys Cafe In Abbotsford For Sale

Abbotsford, British Columbia, Canada
Asking Price:
$439,000 (CAD) Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Ricky’s Café is a place where friends and neighbors meet, business people lunch and families come for the food and service they know and appreciate. This Canadian family restaurant chain has been in business for over 50 years.

This new Ricky’s Café is located in Abbotsford, BC in a prime location, Sumas Way / Marshall Road, within a new free-standing building with a very good long-term lease (30 years). The restaurant will feature a co-facility module offering an excellent opportunity to offer a new variety for loyal Ricky’s customers.

The investment of $439,000, plus any applicable taxes, includes construction costs, fixtures, fittings, equipment, training and the franchise fee of $45,000. This location is expected to enjoy a high sales volume and is projected to open in the summer of 2021.

Ricky’s has been extremely popular in Abbotsford for over 35 years with the existing restaurant producing very high sales. With the population expanding quickly in this dynamic city of 150,000 plus inhabitants, now is the right time for a second location.

As a bonus, this new location will also offer the popular Famoso Pizzeria dishes.

If you are success driven, can offer excellent customer service, plan to be a fill time owner/operator, and you are looking to come out of the COVID Cocoon, this could be your opportunity.

For the right candidate, the Franchisor is motivated to offer royalty incentives and franchise fee credits.

Franchisor is looking for liquid cash of $175,000, and can assist in arranging financing for the balance.

Potential buyers can contact Ken Wither.

After the phone call, inquirers who are still interested will be required to sign a confidentiality agreement and complete a confidential buyer questionnaire to give us a snapshot of who you are. This covers relevant business skills, credit rating, and liquid cash available.

Once initial documents are returned specific details and financials of the business will be shared.

Business owners or staff are not to be approached directly.

Property Information

Real Estate:

Lease

Lease Terms:

Lease held by Franchisor

Location:

Prime location at Sumas Way / Marshall Road

Premises Details:

Freestanding building

Business Operation

Years established:
New

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Provided by Franchisor

Financing available:

Franchisor is looking for liquid cash of $175,000 and can assist in arranging financing for the balance.

Contact Acuity Business Group

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