Full Service Franchise Restaurant

St. Albert, AB

Full Service Franchise Restaurant

Asking Price:$150,000

Cash Flow:$54,000

Gross Revenue:$491,000

EBITDA:N/A

FF&E:$58,000

Inventory:$5,000

Established:1991

Full Service Franchise Restaurant

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Business Description

This full service specialty franchise restaurant located in St. Albert has been in operation for the last 25 years and has recently been renovated with good lease terms available. The business revenues have remained very steady year to year with an average of $450,000/year and earnings of $60,000/year over the last 3 years. Included in the sale are inventory and assets of approx. $60,000. The restaurant is a local favorite and very stable.

Detailed Information

Inventory:
Included in asking price
Employees:
FT 4 / PT 3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Financing is available to a qualified buyer
Support & Training:
Owner will train. Training is also available from franchisor.
Reason for Selling:
Owner wants to retire.
Franchise:
This business is an established franchise

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Jey Arul

Business Listed By:
Jey Arul

VR Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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