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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   >>   British Columbia Businesses For Sale Categories   >>   

Restaurant Franchise For Sale

Location  British Columbia,Canada
Asking Price Range  < $250K
Gross Revenues  $1000000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Extensive support offered.
Description  Reputable Restaurant Franchise for sale. $125,000 Cash Required to purchase all assets (Financing Available for Balance). *Franchisor requires proof of an additional $100,000 available working capital. Established (2 years in operation) restaurant in a great location with plenty of free parking. Support from franchise company is phenomenal. Training by franchise company is included. The current net book value (after depreciation) of equipment and leasehold improvements is $675,500. Asset Purchase (not a share purchase). This business is not currently profitable. Franchise company will train new owners and demonstrate the path to phenomenal profitability (to levels of other successful franchises in the system). Payment to Seller = $75,000 Franchise Fee = $25,000 Broker Fee = $25,000 TOTAL INITIAL CASH INVESTMENT = $125,000 Plus assumption of Equipment Loan to GE Capital (7 years) of approximately $450,000
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