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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Alberta Businesses For Sale Categories   >>   

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
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