Price: $299,000

Location: Victoria

Province: BC

Industry: Food & Beverage

Description

Ricky’s has been a successful restaurant brand for over 60 years. Serving breakfast, lunch and dinner with family friendly service, Ricky’s remains a Canadian tradition and neighborhood favourite.

This location has been successfully operating with annual sales in excess of $1.2M, prior to COVID. Located right along Douglas Street (Highway 1), this restaurant is located within a commercial district which includes a shopping center, furniture and appliance stores, car dealerships, and other restaurants.

This is an excellent opportunity to take over an established restaurant in a prime location.

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.

LISTING DETAILS

Total Sales: $1,200,000

FFE Included: Yes

Location

Franchise: Yes

Summary

Training & Support:

Provided by Franchisor

LISTING BROKER

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