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Panago Pizza Restaurant For Sale

8 102 Island Hwy East, Parksville, BC, Parksville, British Columbia, Canada
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Asking Price$550,000
Revenue$1,200,000 Established1996
Cash FlowUndisclosed Employees8 full, 10 part
FF&E$75,000* FranchiseYes
Inventory$12,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Panago Pizza. Great opportunity to take over this high volume Panago Pizza Franchise . Located in in beautiful Parksville BC. This  well established business in very busy strip mall. This Panago location offer large sales volume, fully updated store, great lease , high traffic and high exposure. Panago is one the most known franchise brands out there. This is a great opportunity to take over this outstanding franchise location. Franchise and Landlord approval required. Please do not approach or disturb staff.
Gross Revenues 1.2 million (projected)
Sellers Discretionary Earnings $170,000
EBITDA $80,000 (projected)
Inventory Value $10,000
Asset Value $75,000 (including leaseholds)
Inventory Value $12,000 (not included)
Number of employees: 8 FT, 10 PT
Years in Operation: 19
Years owned by current owner: 4
Premise size 1518 square feet
Lease Rate 18.00 / ft. + Triple Net
Facilities:Premise size 1518 square feet Lease Rate 18.00 / ft. + Triple Net
Ad #75674
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