MergerPlace

Virtually New and Profitable Noodle Box

British Columbia


  • Asking Price: $675,000
  • Gross Income: $1,167,354
  • Cash Flow: $114,814
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $171,590
  • Listing ID: #202992
  • Established: 2014
  • Employees: 10 FT/11 PT

Business Description

This Noodle Box location is a well established, virtually new restaurant which is part of a solid franchise with multiple locations throughout BC and Alberta. The restaurant is located in Vancouver in one of its most upbeat neighbourhoods. Financially the location has experienced steady revenue growth for the past three years. This is a absolute turn key operation with no additional investment required.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: British Columbia

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 10 FT/11 PT

Financial Information

Asking Price: $675,000
Gross Revenue: $1,167,354
Cash Flow: $114,814
FF&E: $171,590
Seller Financing Available: No

Property Information

Facilities:

The restaurant is situated on a high traffic area in Mount Pleasant, one of the most trendy areas in Vancouver. The location is ideal to capture both the residential and commercial clientele. The bistro is located in a 2240 sq ft space. Current lease has six years left and a five year renewal option.

Growth & expansion opportunities:

The consolidation of the brand name through the expansion of the franchise combined with the growth of the area create great opportunities of growth for the location.

Reason for selling:

Owner wants to pursue different interests.

Support & Training:

Will train for 2 weeks @ no cost. The restaurant offers South Asian fusion food all freshly made with natural ingredients. As the business is part of a franchise, the prospective buyer will have to submit application and be approved and trained by the franchisor.

Contact Business Seller

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Business Listed By:

Arturo Kalb

Murphy Business Brokers