$238,000* Souvlaki franchise
For sale is this market leader in the high growth Quick Services Restaurant category and has become famous for its delicious tasting and healthy food. The menu features savoury souvlaki; fresh salads; warm and seasoned pita; roasted potato; steamed rice; fried calamari etc.
This is a proven franchise concept with a very profitable business model.
The business is easy to operate with an owner and a partner with several part time employees.
Franchise Training is required. Potential new owner must be financially pre-qualified by the Franchisor. English speaking is a must!
KINDLY RESPECT THE OWNER AND THEIR STAFF, PLEASE DO NOT APPROACH DIRECTLY.
YEARS IN BUSINESS 10 year(s)
FLOOR AREA 400 sq ft.
EMPLOYEES Fulltime: owner Part time:
LEASE TERM 2012 + 3 1/2 + further option
PARKING Free Mall Parking
Marine Drive, West Vancouver
ASKING PRICE $ 298,000
Monday: 10:00 AM to 07:00 PM
Tuesday: 10:00 AM to 07:00 PM
Wednesday: 10:00 AM to 09:00 PM
Thursday: 10:00 AM to 09:00 PM
Friday: 10:00 AM to 09:00 PM
Saturday: 09:30 AM to 06:00 PM
Sunday: 11:00 AM to 06:00 PM
Food and Beverages: confidential
YEARLY GROSS INCOME $ 332,000 (after COG and Royalty + Ad)
YEARLY OPERATING COSTS
Gross Rent: $ 77,000
Employee Wages: $ 135,500
Hydro: $ 10,200
Insurance: $ 1,300
Phone Interac: $ 1,200
Waste Removal: included in rent
Security Alarm: $ 360
Others: $ 15,000 (misc)
YEARLY EXPENSES $ 237,009
YEARLY NET INCOME $ 94,991 EBITDA