$279,000 · Fatburger Franchise in Lloydminster For Sale
Fatburger is a trendy burger chain that has been serving up fresh, juicy burgers since 1952. Fatburger is a recognized leader in the premium burger category and offers an extensive menu with dynamic décor that joins food, fun, and style together! The menu now includes Buffalo Wings and quick casual breakfast. The restaurant is also licensed.
Lloydminster is a tightknit community of 32,000, offering the comfort of rural lifestyle with the convenience of urban amenities. The city has recently been ranked one of the fastest growing communities in Canada. Lloydminster is a regional service hub to 70,000 workers due its strong ties with both the petroleum and agricultural industries.
This Fatburger franchise is located along the Yellowhead highway, within downtown Lloydminster. City Hall and the RCMP Department are steps away along with several retail stores and services. This location has been in business for 2 years with annual revenues averaging $700,000 - $1,000,000. This location is open 7 days a week and currently has a full staff in place.
This is an excellent opportunity to take over an existing store and would be an ideal family business. All of the hard work of setting up the store and building steady sales has taken place and the Franchisor is looking for a full-time motivated owner/operator with business management capabilities to continue operations. Critical to your success is your commitment to the systems and standards involved in the daily operation of your restaurants.
The purchase price includes fixtures, fittings, equipment, and franchise fees. The list price is $279,000. $10,000 in inventory is available. Potential buyers can contact Ken Wither at (587) 215-2245.
After the phone call, inquirers who are still interested will be required to sign a confidentiality agreement and complete a confidential buyer questionnaire to give us a snapshot of who you are. This covers relevant business skills, credit rating, and liquid cash available. Franchisor is looking for liquid cash of a minimum of 60% of price.
Once initial documents are returned specific details and financials of the business will be shared.
Business owners or staff are not to be approached directly.
|Details||Last hour:||Last 24 hours:||All:|
|Posted||September 15, 2018|
|Renewed||October 16, 2018|
|Expiry||November 15, 2018|
|Details||New, Commercial Seller|