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980 – Burger Franchise in Edmonton – $295,000

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This is a unique concept that has taken Calgary by storm and now has an Edmonton outlet. They feature burgers and specialty milkshakes. The Edmonton location is excellent and the store is brand new. If kept as is operating as a franchise, it comes with full training and manuals.

Sales: Gross sales: $900,000 per year (July 2017 – July 2018)

Size in sq. ft. 2,300 sq. ft.

No. of Seats: 68

Number of parking stalls: Two underground at $175 each per month

Financing: Treat as clear title

Style of cuisine: Casual dining; featuring burgers and specialty shakes

Customer Demographics: Wide range of ages; locals; lots of regulars; students from U of A

Type of service: Table

Hours of operation:
11 am – 10 pm Monday through Saturday

11 am – 8 pm on Sundays

Number of employees: 15 to 25 with 60% full-time and 40% part-time

Leasing information:

Rate per sq. ft. $32 per sq. ft.
C.A.M. $18
Lease Term: 4 years left             Option periods: Two  5-year options
Deposit held by Lessor: 1 month


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