Fast Food Pita Restaurant No Royalties
Location Ontario,Canada
Asking Price Range < $250K
Gross Revenues $392000
Net Profit / Cash Flow $82000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2004
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Full training and support.
Reason for Sale Owner seeks other interests.
Description High volume low over head pita sandwich restaurant for sale. Great concept. Located in Kitchener Business District. Yearly Sales of $375,000 to $400,000. Established in February of 2004. 1,470 sq feet plus 570 sq feet storage area. Low rent at $2,250 monthly, (7% of sales) with 5year lease. And 2 Five year options. Great Hours of operation 11am to 10 pm, Sun 11am to 7pm. Full training provided with no skill required. No royalties! $5,000 rebates annually from Coca Cola. Total net income including owners benefits and wages $82,000 .The store looks like and is set up like a Franchise, but with no royalties. Many inquiries as to franchising. Great set up and easy to operate. Web Site newyorkpita.com
Email or call Mr. Paul Karidas 519-590-1046.
Click Here To Contact Seller
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