Established Quick Service Restaurant - Okanagan

Not Disclosed, British Columbia


Asking Price: Annual Revenue:
$499,900 $825,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Quick Service Restaurant - Okanagan Broker: Mark Hansen

Quick Facts

Asking Price: $499,900
Annual Revenue: $825,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 9
BBN Listing #: 663962816
Broker Reference #: B501

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Business Overview:

This popular Canadian quick service restaurant, which originated in Alberta, has 60 stores across the country and has risen to the top of the quick serve Asian food market! High quality, delicious, quick, and affordable food is what they are all about! This location earned gross sales above $840,000+/- in 2020. This store is in a busy shopping area in the heart of the Okanagan. Great location, with tons of traffic! There is plenty of opportunity here for a new Owner to promote and advertise the location to further grow sales as the current Owner does not do advertising beyond the franchises advertising and brand equity. Contact Team Hansen for the entire information package on this outstanding quick service restaurant franchise.

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Property Features and Assets:

Building Size: 1,999 Square Feet Options to Renew: Two Options – each for additional period of 5 years Base Rent: Current: $29.50/Square Foot. $4,914.21/Month. $58,970.50/Year (+ GST) Additional Rent: Estimated: $9.60/Square Foot. $1,599.21/Month. $19,190.50/Year (+ GST) Total Rent: $6,513.42/Month. $78,161/Year (+ GST) Current Lease Term: 10 Years. July 2014 to June 2024 Lease Life: Extends to June 2034 Including the Options to Renew

Market Competition and Expansion:

Limited competition

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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