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Listed by Albert Lai • RE/MAX REALTY SPECIALISTS INC SHERWOODTOWNE BLVD
$ 118,800
Est. payment | /mo
$ 118,800
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40813704
Property Sub-Type Commercial
Source Cornerstone
Property Description
Excellent Money Making Opportunity to Operate a Quality Well Established Sushi Noodle Bar/Teriyaki & Profitable Take-Out Franchise business. Located inside Fortinos Supermarket, Prime Location Hwy 10 / Bovaird area Brampton. Plenty of Parking in this Plaza *** Turn key Low Overhead, Easy to Manage, Easy to Operate Business. No Cashier Required, Customers Buy the Take-Out Food & Pay thru Fortinos Cashiers *** This Fortinos Store has a Common Convenient Large Dine In Area Situated Beside this Sushi Store. Sunny, Bright, Clean with Many Tables & Chairs *** Average Weekly Gross Sales $10,000 to $11,000, Estimated $600,000 Gross Sales Per Year. Large Sushi Platters are Very Popular During Holidays Parties. *** Total 36% of the Gross Sales (10% Franchise Royalty + 26% Fortinos Rent) *** No Additional Rent / TMI / Utilities Charges Since Fortinos Rent which is 26% of Gross Sales Included Everything *** Fortinos is Responsible for Kitchen Exhaust Hood Fan Cleaning Every 6 months, Kitchen Floor Cleaning Daily, Equipment Maintenance Plan that include Electrical, Plumbing, Appliances Repairs and Replacement such as Refrigerator, Grill & Vent, Dishwasher etc. 26% of Gross Sales also Includes Three Storage ( Freezer, Fridge, Dry Storage ) at the Back of the Fortinos Warehouse *** After Deducting the 36%, Average WEEKLY Sales 64% to Franchisee about $7,500 *** Surrounded by High End Stores and Mature Communities, Busy Flow of Customers *** Seller Will Provide Financial Statement Upon an Accepted Offer *** Offer will be Conditional on Approval by Franchise (AFC), Franchisor is Based in Los Angeles USA, New Approved Franchisee Must Undergoing 2 Weeks Training in Los Angeles USA , a New 5 Years Franchise Agreement Which Can Be Renewed Every 5 Years *** Advanced Fresh Concepts Franchise Corp is the largest sushi franchiser in the United States, Zenshi/AFC provides comprehensive training at their Headquarters. ***
Location
Province ON
County Peel
Area Br - Brampton
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Garage No
Building
Lot Description Ample Parking, High Traffic Area, Major Anchor, Public Parking, Public Transit, Regional Mall, Shopping Nearby, Visual Exposure
New Construction No
Others
Senior Community No
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