Profitable Fast Food Business and General Store with Property

Listing ID:
OTTAWON001-N1325

Confidential, Ontario, Canada

Limited-Service Restaurants

Listing Status: Active

Sunbelt of Ottawa

Phone: (613) 731-9140 or 1-800-905-3557
Fax: (613) 526-0997

The following broker is assigned to this listing:

Chris Skowronski

chriss@sunbeltnetwork.com
Cell: 613.282.0125

Description

RECENTLY SOLD. Unique and successful business consisting of fast food operation and a general / convenience store. The only pizzeria in this popular resort town in Ottawa Valley, Ontario. Very visible location on a busy street leading to resort. Well equipped, turnkey operation with warm and inviting d├ęcor. A destination establishment with excellent quality food, very popular with locals and tourists alike. Enthusiastic customer reviews on Trip Advisor. All furniture and fixtures and equipment are in great working order and are included in the sale of the business. The business has dedicated and well trained staff. No previous experience necessary, proven systems are in place. Seller is willing to stay on to train the new owner to ensure a smooth transition. Recently built commercial building houses the business and provides excellent living quarters for the owners. For more information on this and other listings contact Chris Skowronski, office 613-731-9140 or mobile 613-282-0125

Financials

Asking Price:$795,000
Revenue:$751,821
Cash Flow:$121,897
Downpayment:$795,000
Monthly Payroll:$13,632
FF&E Asking Price:$220,000 (Included in Asking Price)
Inventory Asking Price:$135,000 (Included in Asking Price)
Financing Available?No

Property

Asking Price:$440,000 (Included in Asking Price)
Building Size:5400 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2005
Year Acquired:2005
Full-Time Employees:6
Part-Time Employees:4
Reason For Sale:Retirement.