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Profitable Turnkey Franchise Family Restaurant

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Complete NDA for Full Overview

Price: Under Valuation

Annual Revenue: $1,950,000

SDE: $135,000

Location: Nova Scotia

Industry: Restaurants

Listing ID: 1392

Listing Status: Coming Soon

Description

This well-established, profitable franchise restaurant boasts a loyal customer base, a prime location with high foot traffic, and a reputation for delicious, quality meals that bring families together.

Fully operational with a dedicated and trained staff are ready to make a seamless transition.

The property offers a modern, inviting interior that seats over 100 comfortably, sufficient kitchen facilities, and ample parking.

This business and lifestyle is ideal for an ambitious operator who desires to deliver a great customer experience and be known to care about their product and reputation. Being an already well established business with a proven track record of success, you get to walk right in and make a name for yourself.

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. For the purposes of this offering, the price considers Working Capital to be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.

Financial Information

Annual Revenues and Seller's Discretionary Earnings, with year end December 31.

2023 Projections
Revenue: $1,195,000
SDE: $150,000

2022
Revenue: $1,130,000
SDE: $115,000

2021
Revenue: $975,000
SDE: $135,000

2020
Revenue: $870,000
SDE: $150,000

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** Our expectations are for a minimum 35% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Real Estate

The property is leased, with a term of 5 years from March 1, 2024 until February 28, 2029. The restaurant has over 100 seat capacity, and is well-maintained. Major renovations were done in 2023 in the restaurant.

Water and Sewer are included in the rental. Power, propane, internet, and telephone are extra.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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