Under Contract
Mr. MIKE's Franchise Restaurant (Incl. Real Estate)
Mr. MIKES is a successful franchise restaurant. This location was established in 2015. They serve Canada AAA signature steaks, burgers, tasty pastas, big bowl salads, and house-branded wines and beers at a great value.
- Simple business to run for a buyer with prior restaurant management experience
- Franchised systems in place
- Franchise training available
- On-site manager in place - current owners not involved in day-to-day operations
- Real Estate is included in the ask price
This restaurant is located in Dauphin, Manitoba.
Asking price is $1,499,000, plus inventory and prepaids (5,442 square foot building is included in the asking price)
Included assets are real estate, supplier and customer lists
Listed By: Steven Beal
Background information
Reference:
140469
Finance
Sales:
$1,850,000
Profits:
$225,000
Premises
Square footage:
5400
Opportunities
Growth:
There is a potential to grow this business by increasing the hours and more aggressive marketing.
Price and terms
Price:
$1,499,000
Training:
Franchise training program available for training the purchaser.