Price: $449,000
Location: Courtenay
Province: British Columbia
Industry: Food & Beverage
Fatburger and Ricky’s All-Day Grill have each been favoured restaurant brands for over 50 years and this location offers a fantastic opportunity to benefit from the success of each brand in one dual branded location. This co-branding opportunity has proven to be very successful in other areas, with Ricky’s bringing in a large percentage of the morning and afternoon business and Fatburger bringing in the majority of customers after 5pm. This model has helped to ensure a steady flow of traffic regardless of the time of day.
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.
Annual sales are approximately $1.4M - $1.5M.
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 investment of $449,000 includes fixtures, fittings, equipment, franchise fees and full training on both brands. Inventory will be additional. 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 28,000. The City of Courtenay is the urban hub of the larger Comox community which includes a population of approximately 72,000. 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.
Total Sales: $1,400,000
Franchise: Yes
Training & Support: Provided by Franchisor
Financing/Terms: Franchisor is looking for liquid cash of a minimum of 50% of price.