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Bar for Sale in Regina, Canada

For sale: Bar & Restaurant franchisor operating 6 franchise units in Canada receiving 200 customers.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 320 thousand
Run Rate Sales USD 324 thousand
EBITDA Margin 30 %
Industries Restaurants + 1 more
Locations  Regina
Local Time 6:39 AM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 580 thousand (Native Currency: CAD 800,000)
Reason: Due to health issues, owner is not be able to focus on the business.
Includes physical assets worth USD 11 thousand
Interested to connect with advisors
Documents
Corporate Registry
Business Overview
- Our company is into franchising of restaurants & bars and currently has 6 franchise units.
- We hold franchise licence agreements for each location and collect royalty based on sales volumes per location.
- All the franchise outlets are located in 3 provinces in Canada.
- Seating capacity for each unit ranges between 150 to 190 seats.
- We receive around 200 customers on a daily basis.
- Founder of the company has 39 years of experience in the hospitality industry.
Products & Services Overview
Steak, Tacos, Fajitas, Burgers, Sandwiches, Pizzas, Alcoholic and non-alcoholic beverages.
Facilities Overview
Head quarter is in Regina, Canada.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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