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5083 Dixie Rd -

Fast Casual Restaurant Available In A Busy Plaza On High Traffic Dixie Rd. Located Just Minutes To Hwy 401. This Company Is Over 30+ Years Established. Join 20+. Location's Nationwide. Averaging $15,907 Net REPORTED Weekly sales in 2018.

This Includes fully Trained Staff, 2 full timers, 4 part timers who would all love to stay with the new owner,spacious 2000 Sq ft with 41 Seats.  Very Busy Catering area with many manufacturing and offices in this flourishing Industrial area with it being one the the largest truck tractor corridors in Ontario in the Dixie Rd and 401 area. Skip The Dishes, Uber Eats Certified. 

All Equipment, Furniture, Leasehold Improvements Included. This is a Bank Approved Brand, qualified buyers please contact us in confidence if you have between $150k and $250k we can guide you to your bank approval. 

Join this amazing Nationwide and Growing Brand. Buyer will get the balance  of existing 17 Yrs+ Balance Of Franchise Agreement And Balance Of Rental Term+Options. All Staff  Would Love To Remain with New Buyer, please maintain professionalism and DO NOT ask staff Questions, and DO NOT ask if for sale.

Buyer to Conduct their own due diligence upon accepted Offer will be provided with supporting documents and sellers financial statements  
*COSTS BASED ON FINANCIAL STATEMENTS    
YEAR END 2018 REPORTED SALES  $    xxx,xxx  
RENT ACTUAL 10%  
GENERAL & ADMIN ACTUAL 7%  
PURCHASES ACTUAL 35%  
    sub-contractors (drivers x 2 ) ACTUAL 5%  
Royalty ACTUAL 5%  
Advertising Fee ACTUAL 2%  
UTILITIES ACTUAL 3%  
Wages (EMPLOYEE Only) ACTUAL 13%  
       
  Total Expenses 79.7%  
       
Earnings Before    20.3%  
Debt/taxes/amortization/OWNERS Pay  $     167,627  
   

Property Details

  • ID: W4612442
  • Status: Active
  • Estimated Annual Taxes: $15
  • Property ID: 101443337
  • Parking Type Description: Plaza 0 cars
  • Style: Business
  • New Construction: No

Features

External Sprinklers, Sewers - San+Storm, Area Influences2 - Public Transit, Area Influences1 - Major Highway
Internal Water - Municipal, Utilities, Seats - 41, Heat Type - Gas Forced Air Closd, Air Conditioning
Other Use - Restaurant, Hours Open - 11-22, Franchise
Listed By Tom Tsambourlianos of CENTURY 21 Heritage Group Ltd., Brokerage*