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Established Profitable Gourmet Burger Location
Toronto, Ontario
Food & Beverage - Restaurants
Asking Price $399,000 Inventory Not Disclosed 
Revenue $858,000 Real Estate Not Disclosed 
Cash Flow $112,000 Year Established 2010
FF&E Not Disclosed Employees 15
> Glossary of Financial Terms

Due to a family relocation, for sale is one of the premier locations of a growing gourmet burger franchise in Toronto. Backed by an established franchise organization, the business has been growing year-over-year and is on pace for reaching $1M in 2014/2015. With COGS accounting for less than 35% of Sales, this is a high profit margin business that is already cash flow positive and poised for further growth as the location has established itself in the community and is surrounded by Class A tenants as well as high net worth households.

This business can be successfully operated with no requirements for specialized or technical skills beyond hard work and the desire to provide a great service for customers. Additionally, the business owner will be able to receive outstanding support from the franchisor in terms of marketing activities, which will be able to give the business a boost in attracting customers.

To purchase this business, a buyer will need to raise equity of $200,000, as a business loan of $250,000 is already in place with a banking institution that is assignable to the right qualified buyer. The low working capital requirement, in combination with the high-end leaseholds and equipment, make this an exceptional opportunity.

Price: $399,000
Revenue: $858,000
Profit: $112,000
Assets (Book Value): $505,000
Established: 2010
Employees: 15

Business listed by:

 

AD # 103740
The information in this listing has been provided by the business seller or representative stated above. Kazooga 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. Read Kazooga's Terms & Conditions before responding to any ad.
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