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Businesses For Sale   >>   Victoria Businesses For Sale   

Recession Proof Wine Franchise

Location  Victoria, British Columbia, Canada
Asking Price Range  < $250K
Gross Revenues  $245000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1998
Number of Employees  1 - 3
Inventory  15000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Owner & regional manager offer transition training.
Reason for Sale  Retirement.

Description  WINE KITZ franchise for sale - located in the new upscale Admirals Walk shopping mall in beautiful Victoria (Vic West) prospers from busy walk/drive by traffic. Established 1998, this outlet is the longest running WK franchise with the strongest regional sales record and best customer-service reputation in the city. Priced to sell at $149k and generating more than $250k annually, this busy outlet is priced well below the cost of launching a new franchise. Increased monthly sales since the 2008 market downturn makes this a prosperous, recession-proof business. This outlet has retained a staunchly loyal client base for over a decade, promising solid income potential for the future owner/operator. This is a successful business - but the owner has reached retirement age - and it's time for a change. This is your opportunity to relocate to paradise, earn a good living while enjoying a great social-life. Features include: - franchise agreement approved for another 10 years to 2018 - sale price includes franchise fee - store's lease extended another 5 years (2018) at the 2008 rate - owner & regional manager provide transition training and ongoing support. Interested? See info/photos at: 3.telus.net/winekitz/

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