Oct 11, 2019 — Description
Location: Fort Saskatchewan
Type: Fatburger franchise Price: $239,000 + applicable taxes
Fatburger is a trendy burger chain that has been serving up fresh, juicy burgers since 1952. Fatburger is a recognized leader in the premium burger category and offers an extensive menu with dynamic décor that joins food, fun, and style together! The menu now includes Buffalo Wings and quick casual breakfast. The restaurant is also licensed.
This Fort Saskatchewan Fatburger franchise is located within a busy shopping complex including stores such as Walmart, Canadian Tire and The Brick. Situated at the intersection of two main highways, this location boasts high volume traffic. This location will be open 7 days per week.
Currently operating solely as Fatburger, this is an excellent opportunity to be a part of a co-branding venture with Buffalos Fried Chicken. The kitchen will be remodeled to fit a new Buffalos module including a pressure cooker, holding cabinet and breading station, while the dining room will receive a new menu board presentation. These co-branding efforts will allow this restaurant to offer new variety for our loyal customer base and provide opportunity for increased sales.
The anticipated revenue for this location is $800,000 - $1 million, while anticipated cashflow to a full time owner/operator is $60,000 - $100,000.
The Franchisor is looking for a full time motivated owner/operator with business management capabilities. Critical to your success is your commitment to the systems and standards involved in the daily operation of your restaurants. Fatburger provides extensive initial training, ongoing operations and training support, as well as marketing and advertising support.
The purchase price includes fixtures, fittings, equipment, franchise fees and the cost of the restaurant upgrades. The list price is $239,000 + applicable taxes. $10,000 in inventory is available. Potential buyers can contact broker.
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 a minimum of 60% liquid cash. Financing may be available on the balance for qualified individuals.
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.