Business Photo

Ricky’s Restaurant for Sale in South Calgary

Listing ID: 100063
Calgary, Alberta, Canada

$ 589,000 (CAD)

Asking Price : $ 589,000 (CAD) Furniture / Fixtures included
Sales Revenue: $ 1,100,000 Annual (CAD)
Cash Flow: Undisclosed

Ricky’s has been a successful restaurant brand for over 50 years. Serving breakfast, lunch and dinner with family friendly service, Ricky’s remains a Canadian tradition and neighborhood favourite. This existing Ricky’s All-Day Grill is located near Chinook Mall in Calgary, the largest shopping mall in the city. The restaurant is surrounded by big box stores including Home Depot and Bed Bath & Beyond and is a quick 5-minute walk from the Chinook C-Train Station. Currently operated by the same owners for 18 years, this locations’ annual sales are approximately $1.1 million. This facility will undergo an extensive renovation which will include the addition of a Famoso Pizzeria module offering opportunity for additional revenues. The investment of $589,000, plus any applicable taxes, includes renovation costs, fixtures, fittings, equipment, training, and the franchise fee of $45,000. Potential buyers can contact Ken Wither. 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 50% 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.

Contact Seller

Don't have an account? Sign up here

Real Estate: Lease
Lease Terms: Lease held by Franchisor.
Leasehold Rent: N/A
Living Accommodation: N/A
Location: This existing Ricky’s All-Day Grill is located near Chinook Mall in Calgary, the largest shopping mall in the city. The restaurant is surrounded by big box stores including Home Depot and Bed Bath & Beyond and is a quick 5-minute walk from the Chinook C-Train Station.
Premises Details: N/A
Size in square feet: N/A
Planning Consent: N/A
Expansion Potential: N/A
Competition / Market: N/A
Reasons for selling: N/A
Trading hours: N/A
Employees: N/A
Years established: 18 years
Support & training: Provided by Franchisor
Financing available: N/A
Furniture / Fixtures value: N/A - included in the asking price
Inventory / Stock value: N/A
Relocatable: This business can be relocated.
Website: Login or register to view link

Contact Seller

Contact Information
Your Message to this Seller

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that LocalBizForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our Privacy Policy.

© 2024 Local Biz For Sale. All Rights Reserved.