Profitable Covid-19& Recession Proof Franchise Opportunity-OPA $419,000.00
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About

- Great Opportunity for investors, new immigrants and investor immigrants applicant. - Located at 850 Main street E, beside 401 and steel Ave. - Strong sales performance in 1Q2020 - 2017 sale:502,524.51 2018 sale:573,471.01= 14.1% growth - 2018 sale:573,471.01 2019 sale 610,299.92= 6.4% growth

Gross Sales (JAN-AUG 2020):$56,413/month Gross Profit/Margin Ratio: 20% Net Profit: $130,000/year Lease Term: 5+5 NOV2024 Rent: $6,500 /month (TMI&HST included) Utilities: $1,167/month Food Cost: 31% Employee : 3 Full time; 5 Part time Wage Cost: $89,000/year (including store manager’s salary) Royalty Fee: 9% (Only charges 3% during covid-19)

 

Property Details
Contact Info
Address :  850 Main St E Suite B7-7, Milton, ON L9T 0J4, Canada , Canada , East Canada , Ontario
Advertise By :  Owner
Post Date : 2021-01-05
Status : AVAILABLE