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Restaurant - Top Revenue Performing Location
Location Alberta,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $2450000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2007
Number of Employees 35 - 49
Inventory 425000
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Leased
Reason for Sale Corporation focusing on QSR growth and development
Description PRICE REDUCED FOR UPGRADES
A Top Revenue Performing Location in this Franchise System!
This high volume full service casual restaurant is connected to one of Fort McMurray's award-winning downtown hotels in the heart of a prime business sector and conveniently located with direct accessibility on a main thoroughfare.
The concept and menu is geared to the Fort McMurray lifestyle and pace for dining out. A mid-priced, comfortable dining menu offered seven days a week serving breakfast, lunch and dinner, attracting a broad customer base of all ages.
A captive, full occupancy hotel adds a revenue dimension in which catering and banquet facilities can accommodate groups in a boardroom for 12 or as large as 175, serving continental breakfasts, lunch and dinner buffets.
WHY PURCHASE THIS BUSINESS:
- One of the busiest local economies in the country
- One of the busiest full service restaurants in its class in Fort McMurray
- Well established and broad customer base
- Excellent location and very limited opportunity to build new in the area
- Captive audience in a 150 room hotel, typically fully booked
- Catering and special events boost sales up to 25% of revenues
- Room service to hotel guests
- Off premises catering of breakfasts and lunches has great potential for further growth
- Shortage of commercial property - limits competition
- Excellent 10 year lease (Feb /07) with three (3) additional consecutive periods of six (6) years
Click Here To Contact Seller
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