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Asking Price$460,000
Revenue$850,000 Established1990
Cash Flow$170,000 Employees5 full, 10 part
FF&E$20,000* FranchiseYes
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Chinook Business Brokers is excited to present an fantastic opportunity to invest in one of the most respected pizza chains in the country. Panago Pizza currently has 185 franchised stores in Western Canada and is growing fast. This Victoria Panago Pizza location is one of the top performing stores on Southern Vancouver Island. The current owner has seen consistent revenue growth over his 17 years at this location. Current revenues are in excess of $800,000 with Seller’s Discretionary Earnings of close to $170,000.

This franchise is situated in a prime location on a major thoroughfare in British Columbia’s capital city, near high schools and post-secondary education institutes.  The current owner has identified a number of opportunities for an ambitious purchaser to increase sales.

Panago’s fresh approach to pizza has capture the consumer’s imagination and created a brand that is a recognized leader in the delivery-takeout category. Their extensive menu, targeted marketing programs and proprietary operating systems are all designed to put success within reach for every franchisee. The franchisor offers unparalleled support to franchisees.

Panago gives their franchisees the best mentorship and support in the business. Their support begins with an intensive seven-week training program that consists of six weeks of hands-on training, held in a designated training store, followed by one week of management training. The initial training is followed up by ongoing support in business operations, sales and marketing and food service operations.

Contact Keith MacKenzie at Chinook Business Brokers Ltd. kmackenzie@chinookbusinessbrokers.ca for more information on this outstanding opportunity.

*All values are in Canadian Dollars
Facilities:Established 750 square foot take out location with easy access and excellent parking on busy arterial road near post-secondary and secondary schools.
Growth Potential:Opportunities exist for an ambitious new owner to increase sales.
Training/Support:Outstanding franchise training and support
Ad #93448
Seller Reference #CBB 4118
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Contact This Seller
Keith MacKenzie
Chinook Business Brokers Ltd.
250-710-3265
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