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.
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Real Estate: | Lease |
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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 |
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Competition / Market: | N/A |
Reasons for selling: | N/A |
Trading hours: | N/A |
Employees: | N/A |
Years established: | 18 years |
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