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Franchised Restaurant In Winnipeg Outlet Mall For Sale

Winnipeg, Manitoba
Asking Price:
$375,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

Priced to Sell Very Quickly!!

This franchised restaurant opened in May 2017 with the opening of the new Winnipeg Outlet Collections mall. This restaurant is located in the Food Hall with other food court tenants. The franchise is rapidly growing with multiple new locations being opened every year across Canada. This franchised quick service restaurant concept started in 2008 and has grown to over 20 locations since opening the original location.

This business will suit individuals who are looking to quit their 9-5 job or transition from a career working for someone else into ownership. This business requires a hard working, enthusiastic and hands on individual ready to manage a growing restaurant here in Winnipeg. The new owner offers themselves the ability to earn a great salary with so much potential growth from the restaurant, with the area and with the mall.

Very experienced staff who have been with the company since the opening in May 2017. Very little turnover and low payroll costs as the business, unlike competitors in the mall, can operate with a very small staff due to the franchise process and product.

Owner will stay on for a negotiated period of time to help with the transition. Franchisor offers a 2 week training course as well which teaches the new owner how to operate and manage the business.

Owner has other business interests and can't give the time and effort needed to continue growing the business. Business needs a hands on owner to oversee the restaurant more diligently.

Property Information

Real Estate:

Lease

Lease Terms:

10 year lease with option to renew for another 10 years at end of lease.

Location:

Winnipeg Mall

Premises Details:

10 year lease with option to renew for 10 more years.

Size in square feet:
400

Business Operation

Expansion Potential:

Area, Mall and franchise are all growing and there is a lot of potential to build this business into an extremely good cash flowing business. Owner wishes he could continue managing this and his other business ventures because of the growth in the area.

Competition / Market:

Food Hall has other tenants which compete for mall traffic. Some competition outside of the mall as well.

Reasons for selling:

Owner has other business interests and cannot give the business his full attention.

Trading hours:

Monday to Friday - 10:00 a.m. to 9:00 p.m.
Saturday - 9:30 a.m. to 9:00 p.m.
Sunday - 11:00 a.m. to 6:00 p.m.

Employees:
7
Years established:
2

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Owner will stay on for a negotiated period of time and the franchise also provides a 2 week training course to get the new owner up to speed and ready to take over the location.

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