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