Introduction
Explore lucrative franchise opportunities in Canada's 2024 business landscape. From successful hotels to home improvement ventures, discover diverse options for potential investors. OpenFair.ca stands out as a vital tool, facilitating transparent connections between buyers and sellers. What distinguishes OpenFair.ca is its provision of free expert assistance, offering invaluable support for those entering the world of franchises. This user-friendly platform, combined with expert guidance, forms a robust foundation for individuals looking to initiate or expand their business endeavors in Canada. Dive into the listings, connect with experts, and take the decisive step toward franchise ownership aligned with your aspirations. Find the best franchises for sale with OpenFair.ca's comprehensive and expert-backed approach.
1. Three Popular Franchises And Property Management Company For Sale :
An exceptional opportunity presents itself with the sale of three highly successful and renowned franchises along with a strategic property management company. The franchises benefit from the oversight and management provided by the property management firm. All three franchises, including Tim Hortons, operate under the guidance of this key management entity.
- Asking Price: $1,400,000 CAD
- Sales Revenue: $1M - $5M CAD
- Cash Flow: $500K - $2.5M CAD
Business Highlights:
Franchises: Three popular and well-known franchises
Property Management: Strategic management overseeing all franchises
Employees: Long-term and loyal staff across all businesses
Location: Busy location with ample parking, electric charging stations, and a gas station
Seating Area: Beautiful indoor and outdoor seating area (common area)
Property Information:
Real Estate: Lease
Location: Directly off the highway
Competition: Minimal competition in the area
Reason for Selling: Retirement
Franchise Information:
Franchise Opportunity: Franchise resale
Support and Training:
The seller is committed to providing training for a seamless transition to the new owner.
This offering is a rare chance to acquire not just successful franchises but also a strategic property management company that adds significant value to the overall operation. The businesses have a solid foundation with loyal employees and a prime location.
2. Lodging and restaurants Business in Canada :
An exceptional opportunity is available to acquire a lakefront, top-tier franchise hotel in Alberta. The hotel is currently available in receivership, presenting a unique chance for potential buyers.
- Asking Price: Over $5M CAD
- Sales Revenue: $1M - $5M CAD
- Cash Flow: $500K - $2.5M CAD
Property Information:
Real Estate: Real Property Included
Business Operation:
Trading Hours: 24/7
Employees: 5 to 10
Years Established: 2013
Franchise Information:
Franchise Opportunity: Franchise Resale
This offering includes a lakefront hotel under a top-tier franchise, providing a unique opportunity for investors looking to enter or expand in the hospitality industry. The hotel's prime location and established presence make it a valuable asset.
Please note that the opportunity is in receivership, and further details may be available through the respective channels. Interested parties are advised to inquire for additional information and conduct due diligence as necessary.
3. Hotel Restaurant And Liquor Store In Alberta For Sale :
A well-maintained, full-service, non-franchised hotel is available for sale in Alberta. The business comprises a total of 138 rooms, including 67 in the main building, 35 in the lodge, and 36 in another section. The hotel has several advantages, operating in a high-traffic area.
- Asking Price: $13,950,000 CAD
- Sales Revenue: $4,190,000 CAD
- Cash Flow: $1,680,000 CAD
Business Features:
Leased restaurant
Lounge (with 4 VLTs)
Liquor store
Coin laundry (with 7 washers and 8 dryers) generating $50,000/year
Financial Information:
Note: Financial figures are based on YTD financials for 2022.
2022:
Revenue: $4,183,725
Net Operating Income (NOI): $1,675,395
2021:
Revenue: $3,246,089
NOI: $1,439,978
2020:
Revenue: $1,515,299
2019:
Revenue: $2,496,828
NOI: $675,934
2018:
Revenue: $3,253,670
NOI: $1,259,491
Real Estate:
The restaurant's lease is $300,000, including utilities, and is set to be renewed in 2023 for another 5 years.
The liquor store's lease is $60,000, including utilities, and is valid until 2024.
All furniture, fixtures, and equipment are owned by the landlord.
The sale is structured as an Asset Sale, and further details are available through a Full Offering Memorandum for qualified buyers.
4. High Volume Royalty Fast Food Franchise Company Sale For Sale :
This is a unique opportunity to acquire a franchise company that owns two popular franchise brands as franchisors. The portfolio includes 25 locations, with one brand serving customers for over 50 years and the other being a cafe concept.
- Location: Greater Toronto Area, Ontario, Canada
- Asking Price: $8,799,999 CAD
- Sales Revenue: $19,323,000 CAD
- Cash Flow: $1,380,000 CAD
Key Details:
Revenue (12 Months): $19,323,000 million in system-wide store sales
Net Operating Income (NOI): $1,380,000 for the past 12 months
Franchise Locations: 25 (owned by one group)
Franchise Brands: One brand with over 50 years of history; the other is a cafe concept
Financial Considerations:
The purchaser must be well-capitalized, with a minimum of $3 million to entertain further discussions.
A portion of the sale could be vendor-financed with interest over time.
Financial details and the brand name will be disclosed upon signing an NDA and completing a confidential application.
Reasons for Selling:
The owners, who have been actively involved in the restaurants since the 1970s, are retiring. They are now ready to wind down and seek new ownership for the franchises.
Expansion Potential:
Unlimited potential in Western Canada
Most locations are in Ontario, with significant growth opportunities
The owners, who are retiring, have not focused on brand growth since the onset of COVID.
Franchise Information:
Franchise Opportunity: Franchise Resale
Franchise Terms: Long term
Support & Training:
Excellent support and training provided
Ongoing assistance for a smooth transition
Both operations are described as easy to run and manage
Owner Financing:
Owner financing is available
Interested parties are encouraged to contact the seller for more information
This is a compelling opportunity for individuals or entities looking to enter the franchise industry with established and successful brands.
5. Rare Opportunity Great Franchised Restaurant In Centropolis Laval For Sale :
An exceptional opportunity has emerged with a franchised restaurant in the coveted Centropolis area of Laval, Quebec. Situated in the best destination for shopping and dining, this turnkey business is a rare find, especially considering the waiting list for leasing new restaurants in Centropolis. Boasting a strong franchise name and consistently delivering impressive sales and margins, this restaurant is well-established and known for its popularity.
- Location: Centropolis Mall, Laval, Quebec
- Revenue: $3,232,457 CAD
- Cash Flow: $553,364 CAD
Key Details:
Lease: Extended by 10 years
Seating: Total interior and exterior seating for over 300
Renovations: Recent renovations enhance the appeal
Franchise Procedures: Well-established procedures for kitchen and restaurant operation
Investment Opportunity: Replacement cost likely exceeds the asking price
Owner Involvement: Chef not central to operation; owners willing to stay for up to 1 year to run the restaurant
Inventory: Included in the asking price
Seller Financing: Available to qualified buyers
Financial Pre-qualification: Business pre-qualified by a financial institution for extending a facility to qualified buyers
Business Snapshot:
Leasehold Rent: $192,902 CAD per annum
Operating Hours: Mon-Wed 4:30 PM - 11 PM, Thu-Sun 11:30 AM - 12:00 AM
Employees: 70
Years Established: 9
Support and Training:
2 weeks of free training provided
Owners willing to stay onboard and operate the restaurant for up to 12 months
This opportunity is ideal for investors looking to capitalize on a thriving restaurant in a prime location. The owners, moving outside the country, present a chance for a seamless transition. For more details and to explore this rare offering, contact the seller now!
6. Business Opportunity With Proven Business Model In Vancouver For Sale :
A golden opportunity to acquire a leading national home improvement franchise based in Vancouver, BC. The motivated seller is seeking an owner-operator with a strong appetite for growth and success. This business boasts excellent cash flow with high gross margins and low inventory requirements. Cash collection is done before product delivery, streamlining financial operations.
- Location: Vancouver, BC
- Asking Price: $950,000 CAD
- Sales Revenue: $1M - $5M CAD
- Cash Flow: $250K - $500K CAD
Key Details:
Facility Size: 8,340 sq ft
Employee Count: 30
Years Established: 7
Reason for Selling: Retirement
Business Highlights:
Strong cash flow business with proven sales techniques.
In-house marketing support and successful lead generation.
Large exclusive territory in the growing Vancouver market.
Established growth model with validation from other franchise owners.
Significant backlog of in-house orders.
Large client database and a high percentage of repeat and referral customers.
Franchise Benefits:
Comprehensive training and ongoing support.
Proven sales management training.
Exclusive territory to maximize market potential.
Financials:
Furniture/Fixtures Value: $320,000 CAD (Included)
Inventory/Stock Value: $25,000 CAD (Included)
This franchise is backed by over 40 years of industry experience, offering a solid foundation for success. With a comprehensive marketing plan, you can attract new customers and build upon the established brand recognition in the Vancouver market. Take advantage of this opportunity to enter the thriving home improvement services sector.
Don't miss out on this chance to step into a successful home improvement franchise. Act now to explore this lucrative business venture!
7. Junk Removal Franchise In Halifax For Sale :
Explore the lucrative opportunity of acquiring a thriving junk removal franchise near Halifax. This franchise comes with prime territory ownership throughout the Halifax Regional Municipality (HRM), a fleet of 5 trucks, and the option to purchase a 3,100 sq. ft. facility. The business has experienced significant sales growth, nearly doubling the previous year, and is well-equipped to handle increased demand.
- Location: Goodwood, Nova Scotia (15 minutes away from downtown Halifax)
- Asking Price: $925,000 CAD
- Sales Revenue: $500K - $1M CAD
- Cash Flow: $250K - $500K CAD
Key Details:
Premises: 3,100 sq. ft. commercial-style building with a detached garage
Employee Count: 10
Years Established: 2016
Reason for Selling: Owners are looking to retire
Business Highlights:
Prime franchise territory covering the entire Halifax Regional Municipality.
Fleet of 5 trucks to cater to junk removal needs.
Significant sales growth with the potential for further expansion.
Reduced operational costs due to a recent company merge.
Seller financing options negotiable.
Operational Details:
Trading Hours: Monday - Saturday (8 am - 6 pm) & Sunday (10 am - 4 pm)
Expansion Potential:
The potential for growth is exceptionally high. The business can capitalize on sales growth within its current operation and explore selling additional franchises in the available territory.
Competition/Market:
Competitors include other waste removal companies such as 1-800 Got Junk.
Support & Training:
Owners are willing to provide a comprehensive 4-week training period to facilitate a smooth transition for the new owner.
Financials:
Furniture/Fixtures Value: $359,500 CAD (Included)
Inventory/Stock Value: $10,000 CAD (Included)
Financing Options:
Owners are open to negotiation on seller financing options. A minimum of 50% down payment is expected with a reasonable interest rate and term.
Don't miss out on this rare high-growth opportunity in the junk removal industry. Contact us today for more details and take the next step in business ownership!
8. Calgary Cash Flowing Dessert Franchise Territory & Locations For Sale :
Explore a unique opportunity to acquire an easy-to-run dessert franchise territory along with cash-flowing locations in Calgary. The franchise has shown substantial success, with the 17th Ave area location generating $643,854.90 in revenue in its first year of operation. The simplified operation model ensures low food and labor costs, providing ample room for margins.
- Locations: 3 prime Calgary locations open, with a 4th open in Airdrie
- Asking Price: $2,100,000 CAD
- Sales Revenue: $1M - $5M CAD
- Cash Flow: $250K - $500K CAD
Key Details:
Lease Terms: Long-term leases for all locations
Financial Highlights:
Revenue: $643,854.90 (first year)
Seller's Discretionary Income: $237,060.37
Expansion Potential:
There is excellent room for growth into areas like Okotoks, Cochrane, and other parts of the city, as the purchase includes the entire territory of Calgary. The ownership of the territory blocks out other franchisees from entering the Calgary market.
Competition/Market:
Minimal competition in the dessert franchise market.
Reasons for Selling:
Inquire for more details.
Franchise Terms: Long term
Support & Training:
The franchise offers excellent support and training, making it an easy business to run and manage. Ongoing support is provided.
Financing Options:
The seller can assist with a small business loan. Prospective buyers will need to have approximately one million down payment to obtain financing.
Don't miss out on this lucrative opportunity in the dessert franchise industry. Inquire for more details and secure the entire Calgary territory along with thriving locations!
9. Best Dollar Store Franchisee In Lower Mainland For Sale :
Explore an exceptional opportunity to acquire one of the best-performing franchisees in the Lower Mainland. This dollar store offers a vast selection of common household items, including health & beauty products, housewares, crafts, stationery, and more. With high gross margins, this business has established itself as a go-to destination for a wide range of consumer needs.
- Location: Large Shopping Center
- Asking Price: $1,380,000 CAD
- Sales Revenue: $2,692,000 CAD
- Cash Flow: $480,000 CAD
Lease Terms: August 2025
Leasehold Rent: $476,169 CAD per annum
Size: 5,199 sq ft
Financial Highlights:
Gross Margins: High
Business Operation:
Reasons for Selling: Other interest
Trading Hours: Mall hours
Employees: 10 P/T, 4 F/T, + owner
Years Established: 10
Franchise Information:
Franchise Opportunity: Franchise Resale
Support & Training: Franchisor training and owner support
Inventory/Stock Value: $350,000 CAD
Don't miss out on owning one of the top-performing dollar store franchises in the Lower Mainland. With a proven track record and high gross margins, this business is a lucrative investment. Inquire for more details and seize this opportunity!
10. Auto Service Franchise in Winnipeg :
Seize the opportunity to own an established and profitable Auto Service Franchise in Winnipeg. With over 40 years of industry experience, this business has secured a strong market position as a full-service automobile repair facility known for delivering high-quality and reliable services.
- Asking Price: $950,000 CAD
- Sales Revenue: $1,500,000 CAD
- Cash Flow: $380,000 CAD
Established: Over 40 years
High Profile Location: Yes
Land and Building Available: Yes
Proven Operating Systems: Yes (Franchise "turn-key" opportunity)
Business Highlights:
Experienced Human Resources: Yes
Opportunity to Purchase Land and Building: Yes
Retiring Vendor: Yes
Training Provided: Yes, to ensure a successful transition
Financial Overview:
Annual Sales: Approximately $1.5 million
EBITDA: In excess of $379,000
Property Information:
Real Estate: Real Property Included
Don't miss out on this unique opportunity to acquire a well-established and profitable auto service franchise with a proven track record. The retiring vendor is committed to providing training for a smooth transition. Inquire for more details and take the next step towards business ownership!
Conclusion
In conclusion, Canada's thriving franchise landscape in 2024 presents diverse and lucrative opportunities for potential investors. From successful hotels to home improvement ventures, the market is ripe for exploration. OpenFair.ca emerges as a crucial ally, providing a user-friendly platform that facilitates transparent connections between buyers and sellers. The platform's distinctive feature is the provision of free expert assistance, a valuable resource for navigating the complexities of franchise ownership. This seamless combination of a user-friendly interface and expert guidance positions OpenFair.ca as an indispensable asset for those seeking to initiate or expand their business ventures in Canada. Dive into the listings, leverage expert insights, and embark on a successful journey into franchise ownership with OpenFair.ca as your trusted companion. Explore, connect, and secure your place in Canada's dynamic franchise market today.
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