Business for Sale

Restaurant - Established Seafood Franchise

usiness
1815 Rogers Place Kamloops Thompson/Okanagan Thompson-Nicola
Restaurant
$289,000.00
 

This licensed, full service, franchise seafood restaurant is part of a strong and well known brand across Canada that is known best for its signature Fish & Chips recipe. With recipes including seafood, shellfish, chicken, and pasta there is something for everyone on the menu.  The franchise has a large purchasing and distribution network that supplies franchises across Canada with quality product at low costs.  Since opening the first restaurant, this seafood restaurant chain has grown to be Canada’s largest seafood restaurant chain with 45 locations.

This particular franchise has been operating successfully in the same location since 1994 and has one of the best views in the franchise system.  The restaurant is ideally placed among many different hotels and sees consistent customer traffic from both locals and out of town guests.  Many recent upgrades have been made, including; new paint, new faux stone walls,  ceiling tiles,  booths & chairs, updated sound system, televisions, 2 new line coolers, freezer compressor and more.  There is plenty of parking for guests.  The owner has been largely   absent from the operation for the past two years as they have moved to Vancouver.

Franchise royalties are some of the lowest you will see in a franchise system.  Monthly franchise royalty is 4.5% with an additional 2% advertising fee makes royalties easy to manage.

The current lease is assumable and provides an option to renew.   Sale is to be a share sale.  Seller is willing to provide up to $75,000 in Vendor Financing to qualified buyers. 

A confidentiality agreement will need to be signed prior to releasing the name & location of the business.

 



 

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Community Profile: Kamloops

Thompson/Okanagan
Thompson-Nicola

Kamloops is the third largest city in British Columbia outside of the Lower Mainland. The city offers a relaxed and safe lifestyle in a spectacular, natural setting. Kamloops offers unparalleled research and educational capabilities, excellent transportation infrastructure, a highly skilled workforce and is the transportation hub for rail, air and roadways of the Interior of B

Statistics
Total Population 90,280
Median Household Income $73,822 ($CDN)
Closest Commercial Airport Kamloops Airport (7km)
Closest Ocean Port Port Metro Vancouver (349km)
Closest Major Centre Vancouver (349km)
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