Growing Chain of Quick Service Restaurants for Sale

Listing ID:
OTTAWON001-N1370

Ontario, Ontario, Canada

Limited-Service Eating Places

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@sunbeltcanada.com
Cell: 613.282.0125

Description

ON HOLD. Unique opportunity to own a successful chain of quick service restaurants in Ontario. Well established business model with long track record of growing revenues, profitability and loyal clientele. Its multiple outlets are strategically located throughout the city. All furniture and fixtures and equipment are in great working order and are included in the sale of the business. This establishment’s appeal is elevated with favorable leases in place. The business has dedicated, and well-trained staff to carry on and grow the business under the leadership of new owners. A truly turnkey operation poised for rapid growth to take advantage of healthy eating trends and economies of scale. No previous experience necessary, proven systems are in place. Seller is willing to stay on and train the new owner to ensure a smooth transition. For more information on this exciting business acquisition opportunity please contact: Chris Skowronski at Sunbelt Business Brokers Ottawa, direct: 613-282-0125; office: 613-731-9140 ext. 244; email: ChrisS@sunbeltcanada.com

Financials

Asking Price:$750,000
Revenue: ON REQUEST
Cash Flow: ON REQUEST
Downpayment:$700,000
Monthly Payroll:$24,288
FF&E Asking Price:$390,000 (Included in Asking Price)
Inventory Asking Price:$12,000 (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:3030 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2009
Year Acquired:2009
Full-Time Employees:8
Part-Time Employees:4
Reason For Sale:Family Relocating.