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Franchised Turnkey Restaurant

Location  Ontario,Canada
Asking Price Range  < $250K
Gross Revenues  $250000
Net Profit / Cash Flow  $4000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1992
Number of Employees  6 - 9
Inventory  4000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Yes, owner as well Area Manger available.
Reason for Sale  Health.
Description  Turnkey franchised restaurant for sale located along the busy TransCanada Hwy 17 halfway between Sudbury Ont. & Sault St Marie Ont. Price includes Franchise, equipment,inventory, knowledgeable staff, client list. Building is made of maintenance Isoblock brick , Interlocking bricked driveway, seating for approx. 60 people, handicap access. Building build in 1992 known as Picnic Basket family style restaurant converted to Dixie Lee franchised rest. in 2007. Serves All day breakfast, lunch specials, Meal Deals, homemade pizza and everything in between. Equipment (majority propane run) includes 2 Henny Penny Chicken pressure fryers, chip fryer, grill, convection oven, Baker's pride stone Pizza oven, 60qt mixer, Pizza prep fridge, 48'' sandwich fridge, tables/chairs, booth seating, open 7 days a week. Located along the North Chanel makes this a great location for boaters (4Season Marina/Complex), snowmobile trails to our back door as well as Hwy traffic, not to mention our local clientele who support us throughout the year. We are catering to functions along the Northshore. Asking price 269,000 incl all (inventory negotiable) 705-865-2835 or 705-936-7392 Let's negotiate today.
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