956 - Seafood Franchise - OFF MARKET
This is a busy and profitable seafood franchise. Recently renovated (reduction of square footage) which will improve profitability. The kitchen is clean and well-equipped. Lots of parking and has a strong local support.
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross revenue: $350,000 per year
Size in sq. ft.: 1,600 sq. ft.
No. of Seats: 48
Number of parking stalls: Lots of parking in the shopping centre
Style of cuisine: Fish and chips; full franchise menu
Type of service: Table
Hours of operation:
11:30 am – 9 pm Monday to Friday
Noon – 9 pm on Saturday; Noon to 8 pm on Sunday
Number of employees: 6 with 3 full-time and 3 part-time; plus owner
Rate per sq. ft.: $22
Lease Duration: New 5-year term
Option periods: One 5-year option
Deposit Held by Lessor: $6,700