Description:
International News was established in January 1994 to carry on the business of operating quality news, magazine, confection, souvenir, and tobacco stores located in high traffic malls, office towers, transit locations and hotels.
In conjunction with our design professionals, International News constructs locations to specifically complement the environs in which we operate.
Asking Price:
CAD $30,000.00
Our Ref:
IN-3024
Terms of Sale:
Assets Only
Revenue (Income):
Undisclosed
Net Profit (Cash Flow):
Undisclosed
Expansion Potential:
The normal sales range for International News franchised stores is approximately $300,000 to $900,000 Many of the stores include lottery sales, which can generate as much as or more than overall store product volume.
Competition/Market:
Store Type: Inline Plaza & Office Size: 1090sq.ft approx Lease Term: balance of term ending July 2013 Rent: $3,447.15/mth Gross + HST & utilities Available: based on vacancy Security Deposit: $10,000.00 At the intersection of Dundas and Hurontario
Reason for Sale:
Franchise Opportunity
Support & Training:
Franchisor provides full training and support Royalty: $400.00/ mth,+HST. The above information is a general guideline of the business terms and conditions, and subject to change without notice.
Owner Financing:
No
Value of Fixtures/Fittings:
CAD $30,000.00
Value of Stock/Inventory:
CAD $45,000.00
Other Assets:
Inventory and cash register are purchased separately