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 $85,000.00
Our Ref:
IN-87
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:
Size: 495sq.ft approx Store Type: Inline mixed use Mall/Office Rent: $3,800.00/mth Gross + HST & utilities Lease Term: 5 years with a 5 year option Security Deposit: $10,000.00 Available: Sept 2012
Reason for Sale:
New Franchise Opportunity
Support & Training:
Franchisor provides full training and support Royalty: $600.00/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 $55,000.00
Value of Stock/Inventory:
CAD $35,000.00
Other Assets:
Inventory and Cash Register are purchased separately