MergerPlace

Fast Casual Full-Service Franchise

Nova Scotia


  • Asking Price: $869,000
  • Gross Income: $1,764,792
  • Cash Flow: $380,142
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $218,325
  • Listing ID: #219548
  • Established: 2019
  • Employees: 12 FT / 13 PT

Business Description

Popular fast casual full-service franchise restaurant for sale. Well located in high traffic area with good visibility and ample parking. Sales January 2021 $163k, February $168k, March $191k. All in spite of the reduced seating capacity and the odd lockdown due to Covid. The most recent twelve months operations ending March 2021 netted a seller’s discretionary earnings of $380,142. Sales continue to increase monthly, despite Covid restrictions.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Nova Scotia

Company Information

Year Established: 2019
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 12 FT / 13 PT

Financial Information

Asking Price: $869,000
Gross Revenue: $1,764,792
Cash Flow: $380,142
FF&E: $218,325
Seller Financing Available: No

Property Information

Facilities:

The restaurant is operating in a multi-unit commercial strip, with high visibility, direct access to exterior and ample parking.

Competition:

The restaurant has few direct competitors in its market. There are fast food restaurants as well as traditional diners and pub fare.

Reason for selling:

The owner is a developer and is simply moving on to the next project.

Support & Training:

Will train for 4 weeks @ no cost The restaurant serves fast casual food and is licensed to serve alcohol.

Contact Business Seller

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Business Listed By:

Mark Pothier

Murphy Business Brokers