1159 – Very Profitable Franchise Restaurant
$ 1,195,000
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This franchise restaurant is very profitable. The store is immaculate. Located close to the U of C and surrounded by many multi-family buildings.
Sales have increased substantially year over year since the restaurant opened. It’s a great opportunity to buy a business which boasts over $300,000 to the bottom line, after owner’s salary.
Sales: Gross sales: $1,800,000 in 2023
Size in sq. ft. 2,800 sq. ft.
No. of Seats: 120
Number of parking stalls: Lots of parking in 3-hour stalls (give license plate # to restaurant)
Financing: Treat as clear title
Style of cuisine: Casual dining; full franchise menu
Customer Demographics: Wide range of ages; business people; locals; lots of regulars; students
Type of service: Table
Hours of operation:
6 am – 3 pm Monday to Saturday; 7 am – 3 pm Sundays
Number of employees: 21 – with 13 full time and 8 part-time
Leasing information:
Rate per sq. ft. $14,000 per month which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: 10 year lease with 7 years left Option periods: Two 5-year options
Deposit held by Lessor: To be verified