$ 439,000
Includes FFE, Training and Franchise Fee

Description

Ricky’s Café is a place where friends and neighbors meet, business people lunch and families come for the food and service they know and appreciate. This Canadian family restaurant chain has been in business for over 50 years.

This new Ricky’s Café is located in Abbotsford, BC in a prime location, Sumas Way / Marshall Road, within a new free-standing building with a very good long-term lease (30 years).  The restaurant will feature a co-facility module offering an excellent opportunity to offer a new variety for loyal Ricky’s customers.

The investment of $439,000, plus any applicable taxes, includes construction costs, fixtures, fittings, equipment, training and the franchise fee of $45,000.

This location is expected to enjoy high sales volumes and is projected to open in the summer of this year.

Ricky’s has been extremely popular in Abbotsford for over 35 years with the existing restaurant producing very high sales. With the population expanding quickly in this dynamic city of 150,000 plus inhabitants, now is the right time for a second location.

As a bonus, this new location will also offer the popular Famoso Pizzeria dishes.

If you are success driven, can offer excellent customer service, plan to be a fill time owner/operator, and you are looking to come out of the COVID Cocoon, this could be your opportunity.

For the right candidate, the Franchisor is motivated to offer royalty incentives and franchise fee credits.

Franchisor is looking for liquid cash of $175,000, and can assist in arranging financing for the balance.

Potential buyers can contact Ken Wither at (587) 215-2245.

After the phone call, inquirers who are still interested will be required to sign a confidentiality agreement and complete a confidential buyer questionnaire to give us a snapshot of who you are. This covers relevant business skills, credit rating, and liquid cash available.

Once initial documents are returned specific details and financials of the business will be shared.

Business owners or staff are not to be approached directly.

To protect confidentiality, the attached picture is for marketing purposes only and not an actual depiction of the business for sale.

Features

Features:
  • Financing Available
  • Includes FFE
  • Includes Franchise Fee
  • Includes Training
  • Long Term Lease
  • Prime Location