Globally Known Sub Franchise In Northern BC

Not Disclosed, British Columbia

Asking Price: Annual Revenue:
$369,900 $586,104

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Globally Known Sub Franchise In Northern BC Broker: Mark Hansen

Quick Facts

Asking Price: $369,900
Annual Revenue: $586,104
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 9
Employees: 10
BBN Listing #: 646462816
Broker Reference #: B494

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Business Overview:

Newly Reduced Price! The owners of this Globally Known Sub Franchise are ready to sell and have lowered their price by $30,000! This Northern BC Town is on the verge of seeing a significant amount of activity, which means a new owner will benefit from the hustle and bustle that is about to hit the area and drive the local economy up considerably in the coming years! The area also offers beautiful surroundings and a variety of outdoor activities all year round, offering the new owner another avenue to advertise and grow the business further. This store has been in place for several years with no other competition in site. The lease offers a great rate and extends to 2032. Reasonable down payment of only $100K will have you in the driver’s seat by the end of 2021! Team Hansen has the know how to get you there. Reach out to today!

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Property Features and Assets:

Building Size: 1755+/- Square Feet Options to Renew: Two Options to Renew of 5 Years Each Base Rent: Current: $11.65/Square Foot. $1704.55/Month. $20,454.53/Annually (+ GST) Additional Rent: Estimated: $2.72/Square Foot. $397.78/Month. $4,773.36/Annually (+ GST) Total Rent: $2,102.33/Month. $25,227.89/Annually (+ GST) Current Lease Term: 10 Years. July 1, 2012, to June 30, 2022

Market Competition and Expansion:

Limited Competition

Reason for Selling:

Moving On To Other Opportunities

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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