Established Canadian businesses - For Sale by Owner - in Canada
Listing # 63104005
Business For Sale
Sub and Sandwich Cafe Near Bayfield with Amazing Reputation
Business Location: SouthWestern Ontario Postal Code: N0K Relocatable: No
Food & Related Products Hospitality & Food Service
Nestled in a small town (Seaforth) close to Goodrich and London. Average daily sales are at 400-500$. Brings in 15k in sales not including Ice Cream. Ice cream sales bring in an additional 4k during May-August.
Rent is only 720$... 5 year lease can be negotiated at this price. Relocating hence can't keep watching over the store from a distance.
In great standing. Manager in place, and after all employees are payed (4800$) makes a decent profit equating to 22% ROI based on selling price if you don't work AT ALL.
Amazing business for a couple that wants to run it themselves and make 6-7k a month or keep it the way it is and make 22% return on your money like I do.
Business is operational and financials can be seen live daily on top of the Z Tapes accumulated.
No gimmicks here, business is operational and will stay that way until sold.
MARKET & COMPETITION
Only sub and sandwich place in town. No SUBWAY or MR SUB close by. 4 other local food places are in town. 2 of them serving Pizza.
Tim Hortons within 1 minute walking distance!!!!!!
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
Ice Cream Coolers
EVERYTHING IN THE STORE INCLUDING KITCHEN EQUIPMENT AND
SUPPLIES BOUGHT USED FOR 25K.
ALL DECOR-TV-OFFICE... SIMPLY EVERYTHING WILL STAY AT THE
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