Established Canadian businesses - For Sale by Owner - in Canada
Listing # 52714003
Business For Sale
Franchise Pizza operations with two locations
Business Location: Alberta Postal Code: T** Relocatable: No
Food & Related Products Hospitality & Food Service
This is a well established operation with strong controls on food costs and wages. The business is stronger during the winter months with sales being achieved mostly in the evenings and early mornings on the weekends. There is a opportunity for the buyer to expand into a third site which will provide a substantial increase in sales.
The sales have been strong in this business. however in the past year the owner has had a back injury which has keep him off the job and resulted in a small decrease in sales. The profits are still strong with a cash flow of well over $300,000.00 before debt service and owners salary.
the current owner is now working only 3 hours per day for 5 days a week.
MARKET & COMPETITION
There are number of other Pizza Franchise operations in the community and they have all been there for some period of time. The community is still seeing steady growth and services a large population as well.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
There are two full equipment Pizza locations with a detail list of equipment
This list will be provide with a detailed financial package on the buisness
This is a Franchise operation where the Franchisor holds the head lease on both locations. These location have limited seating with the operation being a delivery to the homes service. These business have been in operation since 2008 with the same ownership. The sales are over 2.3 M per year with a very strong cash flow. The businesses have a manager in place since 2011 who is doing an excellent job of operating the locations. The owner has had some major health issues in the past 12 months.
- EXCLUDED from the Price -
The businesses are being sold as a going concern so nothing is being excluded. This will be a turn key sale.
- OPTIONAL & EXTRAS -
There is the opportunity for the new ownership the chance of expanding the operation with a third location. There is very little cost for this expansion other than a couple of staff. The results will be a increase in sales from the two current locations.
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