Franchise Business for sale in Grande Prairie Alberta

Fatburger Franchise in Grande Prairie For Sale

Location : Alberta - Grande Prairie

Category : Franchise

Asking Price : $ 325,000

  • Sales revenue : $ 900,000
  • Net profit : $ 90,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : $ 10,000

Business description

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.

Grande Prairie is a city of 68,000 in Northern Alberta whose vibrant economy has developed with years of steady growth.  This city offers shopping and entertainment, as well as world class recreation facilities, and miles of biking, hiking and quading trails.  Grande Prairie is a welcoming community offering excellent schools and access to health care.  It is a youthful and growing city with an entrepreneurial spirit, an ideal place to operate your own business.

This Grande Prairie Fatburger franchise is located in Riocan Centre, which includes a great mix of national retailers including a movie theatre.  This location has been in business for 7 years with annual revenues averaging approximately $900,000 over the past 3 years.  This location is open 7 days a week and currently has a full staff in place. 

This is an excellent opportunity to take over a corporate store and would be an ideal family business.  All of the hard work of setting up the store and building steady sales has taken place and the Franchisor is looking for a full time motivated owner/operator with business management capabilities to continue operations.  Critical to your success is your commitment to the systems and standards involved in the daily operation of your restaurants.

The purchase price includes fixtures, fittings, equipment, and franchise fees. The list price is $325,000. $10,000 in inventory is available. Potential buyers can contact Ken Wither at (587) 215-2245. 

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 60% 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.

Ken Wither, Certified Business Intermediary, Acuity Business Group

Commercial Real Estate Associate, Urban Realty

Other Information

  • Years established: 7 years
  • Employees: Full staff currently in place
  • Trading Hours: 7 days per week
  • Franchise Terms:Franchisor is looking for liquid cash of a minimum of 60% of price.
  • Lease Terms:Lease held by Franchisor
Acuity Business Group
  • Company Details : Acuity Business Group
  • Phone : Click here for phone number
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