Franchised breakfast restaurant on the North Shore of Montreal

Are you passionate about customer service, do you want to invest in the growth area? The breakfasts!​

Do you want to succeed as a team and contribute to the success of a strong and growing chain?​

Take advantage of a winning concept: become a L’Oeufrier franchise owner!​

Established in 1995, L’Oeufrier embarked on its adventure and the L’Oeufrier brand brings ​to every franchisee innovation, achievements and proven business model.​

L’Oeufrier franchisees enjoy a host of benefits. In addition to receiving full support, including funding applications, ​they have access to recognition and continuing education programs.​

The cost of a franchise is affordable and the royalties low. Most importantly, L’Oeufrier franchisees are seen as full business partners, and even family members. They adhere to the values ​​of the founders and share with them the success of the banner. In addition, their ideas are always welcome.​

The chain now includes more than 35 locations that provide excellent visibility and notoriety.​

This franchise, on the North Shore of Montreal, is one of the chain’s top three restaurants.​

In operation since the early 2000s, in a room located on a main street of the city, with 104 seats, its rent is very reasonable. The sales are growing and the potential is still significant.​

The simple management and the schedules allow a lot of freedom.​

GENERAL INFORMATIONS​

• Type of business: Breakfast restaurant, On-site meals, Take-out and delivery orders.​
• Business sector: Retail / Catering / Services.​
• Reason for the sale: The owners are overwhelmed with several cases.​
• List of equipment available and equipment and leasehold improvement evaluation report of $ 263,040.​
• Date, deadline for signing the deed of sale and occupancy: 30 days or more.​
• Implication of the seller after the sale: Possible in addition to the support of the franchisor.​
• Financing conditions: Assistance with the financial assembly of MayDay Strategies and possible participation, possible balance of sale of the seller.​
• Inclusions: 1° the installations, movable property, appliances and equipment used to operate the business, 2° the franchise name, goodwill, rights and privileges related to the identification of the business (number phone numbers, signs, advertisements, etc …​
• Exclusions: 1° accounts receivable; 2° accounts payable and debts; 3° bank accounts; 4° dishwasher and waffle machine for hire; 5° the inventory of additional merchandise, approximately $ 6,000.​
• In operation since: early 2000s.​
• Stage of development: Growth.​
• Opportunity: possibility of adding a Cantine Emilia at a lower cost to further develop turnover.​
• Special features of the company: modern breakfast, lots of choice.​​​

HUMAN RESSOURCES​

• The owner works in his business +/- 30 hours per week.​
• Number of employees: 4 full-time and 6 part-time.​​

MARKET​

• Market description: Strongly developing lunch market. Quebecers go to lunch more and more, especially on weekends, and prefer more original and modern menus such as L’Oeufrier rather than a traditional lunch. The Terrebonne market is dynamic, customers are spoiling themselves, take-out and delivery is developing.​
• ​Varied clientele, young people, professionals.​​
• Competition description: Only Allo mon Coco and Tout En N’Oeuf more than 2 kilometers away.​​
• Financial situation and forecasts: Good and evolving.​

BUSINESS HOURS​

Monday to Sunday: 7:00 a.m. to 2:30 p.m.​

​FINANCE​

• Year-end date: April 30, 2020 ​
• annual income: $ 629,451​
• Gross profit: $ 411,230 (65.3%)​
• Breakdown: twice as many sales on weekend days​
• Earnings before taxes, amortization and interest on long-term debt (EBITDA) = $ 34,928​
• Profits before salaries and shareholder benefits:​
• EBITDA $ 34,928 + Owner’s salary $ 30,000 + benefit $ 12,000​ = $ 76,928​
• BMO Bank​

FRANCHISE​

Royalties 3%, Advertising 1%​

MÉDIA ​

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​LOCATION DESCRIPTION​

• Occupant: Tenant​
• Type and zoning: Commercial​
• Style: Corner room in a shopping center with exterior entrance​
• Area 2 365 pc​
• On a main thoroughfare in the city​
• Monthly rent: $ 4,180 net + $ 689 additional rent​
• Included: snow removal​
• End of lease: August 31, 2029​
• Lease renewal option: Possible​
• Outdoor parking: Very important + 3 reserved spaces​
• Current alcohol license​
• Terrace possible​

MARKET RESEARCH​

Chemin Gascon is one of the city’s largest commercial concentrations. There is a rangevaried trade which leaves plenty of room for trade. From entertainment to restaurants, through retail trade and local services, you can find everything on Chemin Gascon. It is a high traffic artery with an average daily flow of nearly 40,000 vehicles. Chemin Gascon is a dominant road axis in Terrebonne, crossing highways 25 and 640. In its vision, the City wishes to consolidate this commercial artery and give it a new architectural character.​

• Population (2016): 55,241.​
• Population change between 2011 and 2016: + 4%.​
• Population density: 765 inhabitants / km2.​
• Population by age group: Average 39 years, <15 years 20%, 15 to 24 years 12%, 25 to 44 years 26%, 45 to 64 years 29%,> 65 years 14%.​
• Household income: Average $ 87,987, Less than $ 50,000 30%, Between $ 50,000 and $ 80,000 23%, Between $ 80,000 and $ 100,000 13%, Between $ 100,000 and $ 150,000 21%, Over 150 $ 000 13%.​
• Profile of private households: Average 2.6 people, Households with 1 person 24%, Households with 2 people 34%, Households with 3 people 17%, Households with 4 people 17%, Households with 5 people and + 8%.​
• Type of families: Couples without children at home 37%, Couples with children at home 46%, Single-parent families 17%.​
• Housing occupancy: Proportion of owners 74%, Proportion of tenants 26%.Housing construction: Before 1960 7%, From 1961 to 1980 30%, From 1981 to 1990 23%, From 1991 to 2000 13%, From 2001 to 2010 22%, From 2011 to 2016 4%.​
• Type of housing: Single-family houses 62%, Semi-detached or row houses 7%, Buildings with less than 5 storeys 31%, Buildings with 5 or more storeys 0%, Mobile homes 1%.​
• Education: University 18%, College 18%, Secondary 24%, Apprentices or trades 21%, No diploma 19%​
• Immigration: Non-immigrant population 91%, Immigrant population 9%.​
• Languages ​​spoken: French 94%, English 3%, Other languages ​​3%.​

Visits

Appointment preferences: 24 hour delay, Monday to Friday, after 2:30 p.m.​
Discretion and confidentiality requested​

Stanislas Didier Founding President Canada : +1 514 618-9165 France : 07 66 37 69 66 sdidier@maydaystrategies.com	Benjamin Espaze Real Estate Broker RE/MAX L’ESPACE 514 581-9116