Restaurant for Sale in Kingston, Canada
Popular restaurant franchise with 16 seats in a plaza, well known locally with strong reputation.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | S Corporation |
| Reported Sales | USD 220 thousand |
| Run Rate Sales | USD 220 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Kingston |
| Local Time | 3:20 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Full Sale
Asking Price:
USD
240 thousand
(Native Currency: CAD 329,000)
Reason: The owner is retiring.
Includes physical assets worth
USD
110 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Business Overview
- The restaurant is a franchise of a popular healthy food chain with over 400 outlets across the USA and Canada.
- The business pays a royalty of 7.5% on monthly sales to the franchisor.
- The franchise agreement can be easily renewed and does not have a fixed duration.
- The restaurant has 16 seats and operates from a plaza location.
- We receive around 50 walk-in customers daily.
- Customers also place orders through the franchisor’s dedicated app.
- We follow an organized preparation process and keep most ingredients ready. This allows us to generate high revenues with just 3 permanent employees.
- The company is registered as an S corporation and holds a valid trade license.
- The business pays a royalty of 7.5% on monthly sales to the franchisor.
- The franchise agreement can be easily renewed and does not have a fixed duration.
- The restaurant has 16 seats and operates from a plaza location.
- We receive around 50 walk-in customers daily.
- Customers also place orders through the franchisor’s dedicated app.
- We follow an organized preparation process and keep most ingredients ready. This allows us to generate high revenues with just 3 permanent employees.
- The company is registered as an S corporation and holds a valid trade license.
Products & Services Overview
Top-selling dishes include rice bowls, salads, and juice cleanses, primarily targeting health-conscious customers.
Assets Overview
Tangible assets:- Furniture and fixtures.
- Kitchen equipment and utensils.
Intangible assets:
- S corporation with a trade license.
- Franchise agreement.
- Client base.
Facilities Overview
The business operates from a rented plaza location spanning 1,061 sq. ft. The monthly rent is CAD 4,000.
Capitalization Overview
The business has a single owner and does not have any loans.
Tags:
Fine Dine Restaurant for Sale in Kingston, Canada
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