1150 Breakfast & Lunch Franchise. C/S
$ 614,900
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The price has just been reduced on this franchise breakfast and lunch restaurant with very good street credibility. Brand new store on a major traffic artery. Strong residential, commercial and industrial demographics to draw on. An opportunity like this doesn’t come along very often at 2/3 of the price of construction.
Sales: Gross sales: $1,094,638 for year ending October 31, 2023
Size in sq. ft. 2,900 sq. ft.
No. of Seats: 100 with room for a patio with 15 – 20 seats
Number of parking stalls: Indoor parking is available in the building parkade; plus ground lot at door
Financing: Treat as clear title
Style of cuisine: Full franchise menu featuring breakfast and lunch
Customer Demographics: Wide range of ages; business people; locals from surrounding residential and industrial back-drop
Type of service: Table
Hours of operation:
6 am – 3 pm; 6 days a week; Sundays 7 am – 3 pm
Number of employees: 21 – with 55% full-time and 45% part-time
Leasing information:
Rate per sq. ft. $38 per sq. ft.; or $9,193 per month base rent; or $14,000 per month includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: 10 year lease Option periods: Two 5-year options
Deposit held by Lessor: To be verified