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Specialty Food Kiosk, Business For Sale

Greater Vancouver, British Columbia, Canada
Asking Price:
$49,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
Under $50K (CAD)

BUSINESS FOR SALE – Specialty Food Kiosk

Asking Price: $49,000 (Price includes franchise rights until end of 2027)
Metro Vancouver location in busy shopping mall
Reputable Canada-wide franchise – turnkey operation

This is a great opportunity to acquire a well-established business with an enviable reputation and a loyal customer base at a minimal cost. The growth potential is phenomenal with off-premises catering.

This 4-year-old business had a great start for the first two years and was positioning itself for growth prior to the pandemic. Revenues are approaching pre-pandemic levels, and this years’ holiday season is expected to be very busy. All indicators are the mall location will be thriving again in 2022.

This is your opportunity to be your own boss and build your business with very little investment. New franchises cost over $200,000.00

2021 2019
July 20,568.57 26,779.61
August 23,087.79 28,365.84
September 21,512.70 23,233.38

Expected Revenue for Nov 2021 – Jan 2022 is $75,000.00 – 80,000.00 / expected profit 25-30K

Retail is expected to see a big surge in visitors this holiday season. Consumers are returning to the malls and have the urge to leave the house, mingle and do their holiday shopping in social environments. Santa Claus will be returning to the mall for the kids this year and the location is close to the business.

REVENUE
FYE October 31, 2021: Expected 211,00.00 ($189,923.12 as of Sept. 31, 2021 (very slow start to the FY and spring 2021 due to pandemic restrictions)
FYE October 31, 2020: $168,286 (location closed for 3 months Spring 2020 and low revenue due to pandemic)
FYE October 31, 2019: $316,068
FYE October 31, 2018: $291,758

* Absentee owner (a hands-on owner could grow the business significantly)
* Great staff in place.
* No need for capital expenditures.
* Simple business to operate.
* Extensive training offered to new owner.
* No industry knowledge required, but a passion for customer service is necessary.
* Long-term repeat customers.
* Convenient location; lease has option for renewal end of 2022 or simply move the business to a new location. Supported by franchisor
* Detailed financial information available after signing NDA and personal meeting.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

5 plus 5

Location:

Top Shopping Mall in Greater Vancouver

Business Operation

Expansion Potential:

Catering and Delivery potential

Trading hours:

Mall hours

Employees:
8
Years established:
4

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

10 years franchise fee paid (used 4)

Other Information

Support & training:

Training provided for new owner

Furniture / Fixtures value:
$55,000 (CAD) - included in the asking price
Inventory / Stock value:
$2,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Seller

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