794 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$288,800
Revenue$1,100,000 EstablishedUndisclosed
Cash Flow$142,000 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This well established successful and profitable restaurant, currently operating as an ABC Family Restaurant, is located in beautiful interior BC, within a four and a half star resort hotel and must be converted to a RICKY'S All Day Grill.

With great visibility in a very busy location right on the TransCanada highway, the restaurant is open 7 days a week for breakfast, lunch and dinner. The restaurant has a client base of hotel guests, locals, highway travellers, tourists, and families enjoying the beautiful natural surroundings in the summer and winter and a heavy flow of highway travellers year round.

The large commercial kitchen is well equipped and functional and able to handle heavy customer flow. In the summer months the hotel is generally full with tourists and it is normal to serve breakfast to 2, 3, sometimes even up to 4 bus loads in one hour. That is close to 200 people!
Operating for over 17 years this is a Turnkey business with a favorable lease in place.
Facilities:Approximately 7000sq ft in excellent condition. The restaurant sits 113 guests with an additional 55 guests on the patio and also provides room service to the hotel guests.
Growth Potential:The ABC Country Restaurant chain was recently acquired by the RICKY'S Group of Family Style Restaurants the restaurant is slated for conversion to a RICKY'S All Day Grill. The conversion is mostly cosmetic and involves a change to the RICKY'S theme, updates in color schemes and signage, and some interior and kitchen upgrades. The conversion is estimated at approximately $100,000.00, which includes the franchise fee. The total price of acquisition and conversion would be less than $450,000.00, which is substantially less than the set-up of a new RICKY'S All Day Grill, allowing the new owner to capitalize on an already existing, well established and profitable business.
Ad #76583
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
This seller cannot be contacted because this ad is not active.