I just finished uploading this Business For Sale for sale, Abbotsford Restaurant, Abbotsford, BC
This restaurant is one of the strongest locations in a well known franchise chain. A high profile site on a major traffic artery in the Fraser Valley, this freestanding building is surrounded by big- box stores on neighbouring pad sites. The restaurant has been successfully operated by the seller for over a decade and the location has consistently been in the top five performer in the chain in terms of sales volume. Recently modernized to meet the franchiser's new decor scheme, the dining room is effectively brand new and has 140 seats. A very well equipped kitchen with 2 separate fume hood areas and walk-in coolers, this operation is very well set up and could allow for expansion into catering services into nearby offices. There are consistent annual sales volumes between 1.1 million & 1.2 million dollars with a very respectable profit margin after paying a healthy management salary. The rent is $14,300.00 per month with over 7 years left on the current term plus a 10 year option.