Two Casual Restaurant Franchises

casual restaurant franchise for sale in vancouver

Business Details

Company Profile

Listing ID: VANCOBC002-N496

Location: Metro Vancouver Regional District

NAICS: 72221

Industries: Limited Service Eating Places

Business Highlights

  • High traffic locations
  • Below development cost opportunity
  • Successful franchise brand

Located within the Metro Vancouver Regional District, this is an opportunity to acquire two well-known branded casual restaurant franchise locations at a price well below the original build-out and franchise cost. Currently, they operate with absentee ownership and the units require either an owner-operator ownership, or a multi-unit owner. With such in place, this represents an excellent opportunity to develop the business to a state of solid cash flow.

The franchise benefits from a well-established North American brand and provides the new owner with strong systems, processes, and support for a successful transition and ongoing success. The current units have a solid operational foundation and a purchaser would greatly benefit from the fractional investment required to purchase two units, as well as avoiding the initial start-up phase which includes the build-out headaches, initial business development, customer awareness creation, and more. This is a turn-key opportunity to purchase two good franchise units, hit the ground running, and take the business to the next level.

Type of Sale: Share or Asset Sale

Two Locations: Furniture, Fixtures & Equipment / Goodwill / Inventory / Franchise Licenses

BUSINESS ASKING PRICE

$449,000

Normalized Financial Summary

YEARREVENUESSDE
FYE 2021 Estimate $1,242,000 $189,000
FYE 2020 Estimate $1,132,000 $122,000
FYE 2019 Estimate $1,009,000 $77,000
FYE 2018 $876,000 $3,000
FYE 2017 $893,000 ($51,000)

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Metro Vancouver Regional District