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Rickys Restaurant for Sale in Edmonton

Rickys has been a successful restaurant brand for over 50 years. Serving breakfast, lunch and dinner with family friendly service, Rickys remains a Canadian tradition and neighborhood favourite.

This location has existed as a successful Humptys Family Restaurant for 25 years. This 2,300 square foot restaurant will go through extensive renovations and be rebranded as a Rickys All-Day Grill. Located on the main thoroughfare, 82nd Avenue, and adjacent to the Mill Creek, Strathcona and White Avenue Districts of Edmonton, this corner location has great visibility from the main street and is surrounded by other restaurants and shops. There is a large residential area neighboring the restaurant. This restaurant is also located within an 8-minute drive of the University of Alberta.

Rent at this location is very reasonable at $87,000 annually with a new 20-year lease in place. The building exterior is also undergoing renovations to feature a brand-new look.

The investment of $325,000, plus any applicable taxes, includes the costs of renovations, fixtures, fittings, and equipment. The franchise fee is $25,000 which includes training.

This is an excellent opportunity.