Profitable and Successful Full-Service Restaurant
Great opportunity to own a family-friendly casual dining and sports bar franchise renowned for its great atmosphere for a lot less than what it costs to start a new location (according to the franchisor website investing in a new location costs $1.3M-$2.0M. A Canadian leader with over 375 locations across the country with several menu items to choose from. This concept has over 50 years of proven success and growth nationally. No royalties or co-op fees on alcohol sales and industry-leading low food costs. Ongoing training and support from the franchisor. Situated in a prime location, the regular clientele comprises residents, and nearby businesses and caters to sports teams, corporate events, and family gatherings. The lively atmosphere, combined with big-screen TVs in the sports bar also features a large outdoor patio to enjoy the outdoors. Offers freshly made fare for take-out and delivery. Open 7 days/week. The ideal candidate will possess some hospitality experience and have a minimum down payment of $200,000 must have a net worth of $1.5M.
Financials (USD)
Asking Price $542,237
Cash Flow $174,961
Sales $1,477,054
Converted From CAD
Exchange Rate $0.72
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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