Exceptional, Reduced Price: Urban, Asian-Style Quick Serve Dining

Listing ID:
MONCTNB001-N286

Greater Moncton Area, New Brunswick, Canada

Accommodation and Food Services

Listing Status: Active

Sunbelt of Moncton

Phone: 1-866-766-1566
Fax: (506) 227-5041

Description

With equipment less than two years old and located in a major shopping district, this restaurant is a turnkey operation with a growing clientele. One of Canada’s well-established and fast growing quick-serve Asian food franchises, the cost of establishing this operation would exceed $400,000. Franchise fee and support is included in this sale. An outstanding opportunity for an owner/ operator. A second urban location in the same metro area, is also available to a qualified buyer for $225,000

Financials

Asking Price:$225,000
Revenue:$791,000
Cash Flow:$182,000
Downpayment: NEGOTIABLE
Monthly Payroll: ON REQUEST
FF&E Asking Price: ON REQUEST
Inventory Asking Price:$3,000 (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:N/A

Other

Franchise?Yes
Homebased?No
Relocatable?No
Year Established:2017
Year Acquired:2017
Full-Time Employees:5
Part-Time Employees:6
Reason For Sale:Transitioning Franchise