Popular Breakfast & Lunch Restaurant Franchise in Lower Mainland

Undisclosed Address, British Columbia
Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30334814
Property Subtypes: Food and Beverage
Status: Pending/Contingent
Building Size (RSF): 2,691 SF
Sale Price: $795,000
Franchised Business: Yes
Gross Revenue: $1,400,000 (Annual)
Cash Flow: $200,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/12/2019

Overview / Comments

Popular family orientated restaurant serving tastefully crafted breakfast and lunch options. The original location of this franchise started over 30 years ago and has now grown to over 100 locations across Canada and is recognized as Canada’s leading breakfast and lunch restaurant chain. Its proven business model and
operating systems has helped its franchisees succeed. Franchisees benefit from continuous operational and marketing support from the Franchisor to ensure high standards are maintained.
Fully staffed. Owner works 3 to 4 hours per day.

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Lease good until 2025 plus two renewal options for 5-year terms
Employee/Labor Description: 10 FT and 13 PT. Includes head chef and front of house supervisor.
Mgmt/Training Support Description: Purchaser will be required to undergo corporate training. In addition, the vendor will ensure a suitable on-site transition.

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Photograph of Listing Agent

Delon Cheung

Personal Real Estate Corporation
NAI Commercial Commercial First Member
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