Excellent Earnings from Pizza Franchise in Central Toronto
$140,000.00 (Cdn)
Business Location: Toronto Area Postal Code: M6C Relocatable: No
Business Categories:
Hospitality & Food Service Food & Related Products
BUSINESS FEATURES
This leading pizza franchise is located in the Bathurst Street and St. Clair Avenue area of mid-town Toronto. An excellent stream of pizza orders are received through the franchisor's central call centre. Franchisor costs are covered in two ways: 1) from a royalty payment on orders coming from the call centre, and 2) from the pizza ingredients that the franchisee buys from the franchisor. Walk-in orders, which are not monitored by the franchisor, make up about one-third of overall sales. Excellent landlord who will renew the lease for five-plus-five years. After 18 years in this business, the seller is retiring.
FINANCIAL INFORMATION
Annual Receipts: $360,000
Annual Cash Flow: $90,000
Furniture, Fixtures and Equipment included in asking price: $35,000
Inventory, NOT included in asking price: $5,000
The seller will permit a buyer who has made an accepted offer on the business to work in the store for two weeks during due diligence to track the sales.
The seller typically works 45 to 50 hours per week (not at night) and there is adequate budget for a full staff of pizza makers and delivery people to cover all hours.
For further information - Contact the Broker/Agent:
by e-mail.
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