For Sale $422,500 - Franchise, Restaurant
Fatburger and Ricky’s All-Day Grill have each been favoured restaurant brands for over 50 years and this location now offers a fantastic opportunity to benefit from the success of each brand in one dual branded location (subject to landlord approval).
Located in Courtenay BC, this restaurant has operated as Ricky’s All-Day Grill for 25 years with consistent sales and clientele. Situated within an outdoor shopping plaza, which includes a major supermarket, the current restaurant is 4,000 square feet.
A new Fatburger Express model is planned which will take up approximately 600 square feet. The back of the house will be integrated for economies of scale. Both brands will use the same washrooms for additional space savings.
The restaurant is open 7 days a week from 7am-9pm.
Cashflow to an owner is anticipated to be $150,000+.
The Franchisor is looking for a full-time motivated owner/operator experienced in fast food and full restaurant service. Critical to your success is your commitment to the systems and standards involved in the daily operation of your restaurants.
The purchase price of $422,500 includes the Fatburger development, fixtures, fittings, equipment, franchise fees and full training on both brands. 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. Franchisor is looking for liquid cash of a minimum of 50% of price.
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.
Located in the heart of Comox Valley on Vancouver Island, the City of Courtenay has a population of approximately 25,000. The City of Courtenay is the urban hub of the larger Comox community which includes a population of approximately 65,000. Courtenay is an innovate, vibrant and culturally diverse city that works together to provide opportunities and service making it a great community to live, work and do business. With beaches, rivers, and lakes, a ski and alpine resort and world class golfing the Comox Valley is known for its year-round recreation opportunities.