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Little Carsars Franchise Pizza setup from brand new since 3 years ago. Business is centrally located next to a gas station, close to schools, residential and commercial offices. Long lease term with 16 years to go.
Business is currently operated by well trained employees with an absentee owner.
Franchise interview is in Toronto. Buyer must be financially qualified and English speaking.
PLEASE RESPECT THE SELLER, NO DIRECT APPROACH, ALL INFO THROUGH PHILIP HUI
YEARS IN BUSINESS 3 year(s)
FLOOR AREA 1200 sq ft.
EMPLOYEES Fulltime: one Part time: 10
LEASE TERM 2011 + 3 x 5 yr = 16 yrs
PARKING free parking in front of the store
ADDRESS
MacPherson & Kingsway, Burnaby
ASKING PRICE 176,000
BUSINESS HOURS
Daily 1100 to 2300hr
MONTHLY GROSS INCOME $ 221,380 (year) Royaly + Ad included
MONTHLY OPERATING COSTS
Gross Rent: $ 40,620 (year)
Employee Wages: $ 88,000 (year)
Hydro: $ 11,000 (year)
Insurance: $ 2,900 (year)
Phone Interac: $ 3,600 (year)
Security Alarm: $ 360 (year)
Others: bank charges approx. $3,000 (year)
MONTHLY EXPENSES $ 149,480 (year)
MONTHLY NET INCOME $ 71,900 (year) for absentee owner
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