Established Casual Dining and Sport Bar Franchise for Less Than the Cost of a New One

Business Description

Great opportunity to own a family-friendly casual dining and sports bar franchise renowned for its great atmosphere for a lot less than what it costs to start a new location (according to the franchisor website investing in a new location costs $1.3M-$2.0M and benefit from the existing clientele and proven success.

A Canadian leader with over 375 locations across the country with several menu items to choose from. This concept has over 50 years of proven success and growth nationally. No royalties or co-op fees on alcohol sales and industry-leading low food costs. Ongoing training and support from the franchisor.

Situated in a prime location, the regular clientele comprises local residents, and nearby businesses and also caters to sports teams, corporate events and family gatherings. The lively atmosphere, combined with big-screen TVs in the sports bar also features a large outdoor patio to enjoy the outdoors. Offers freshly made fare for take-out and delivery. Open 7 days/week. The ideal candidate will possess some hospitality experience and have a minimum down payment of $200,000.

Sunbelt has also been engaged to sell the Gatineau location and we welcome investors. For more information please contact Guylaine at [email protected] or 6130-731-9140 ext 247.

Details

Business ID: OTTA0107
Business Category: Food Services and Drinking Places
Location: Ontario, Eastern Ontario, Ottawa
Financing: Available
Status: Available

Company Information

Year Established: 1997
Franchise: Yes
Number of Employees: 35

Financial Information

Asking Price: $ 795,000
Gross Revenue: $ 1,023,300
SDE: $ 163,430
FF&E (included): $ 275,000
Inventory: $ 18,000
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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