Profitable Sports Bar and Restaurant Franchise in SW Ontario

ASKING PRICE:
$825,000

LOCATION: SW Ontario

LISTING DETAILS:

LISTING ID: 3599

TYPE OF SALE: Franchise Resale

MLS CODE: Exclusive

RELOCATABLE: No

INDUSTRY: Restaurants/Food

REASON FOR SALE: Retirement

TRAINING & SUPPORT: Yes

ABSENTEE OWNER: No

DESCRIPTION:

This established restaurant franchise stands as a beacon of success, boasting profitability and a prime location in the heart of a bustling plaza along a major road. This esteemed restaurant enjoys a strong lease agreement, providing stability and favorable terms for prospective owners. Situated amidst a community of affluent clientele, the restaurant caters to a sophisticated demographic, contributing to its consistent performance and robust revenue streams.

Amidst its success, it's worth noting that the current management structure offers room for optimization. With the current owner's absentee management style, a hands-on approach from a new owner can enhance operational efficiency, particularly in staff wages which can unlock significant savings in these areas, further bolstering the restaurant's profitability without detracting from its current success. Listing ID: 3599

COMPANY INFORMATION:

YEAR ESTABLISHED: 2007

FRANCHISE: Yes

SQUARE FOOTAGE: 5,975 sq ft

MONTHLY RENT: $17,703 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: $2,309,437

SDE: $201,465

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: N/A

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DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.