REDUCED PRICE! Madisons Restaurant & Bar For Sale - Franchise RK-0199

208

Well Establised - Well Located Madisons franchise restaurant
huge potential for owner operator with working partners

PRIX / PRICE                    $795,000.00 plus Inventory
ÉTABLI / ESTABLISHED    Since 5 years
DIMENSIONS / SIZE          7000SF
HEURES / HOURS            Sunday to Thursday from 11AM to 11PM
Fri and sat from 11AM to Midnight
COMPTANT / CASH       $545,000.00
Possible Small Biz Loan $350,000.00
EMPLOYÉS / STAFF      40 plus 3 owners
BAIL / LEASE                 12 years
LIVRAISON / DELIVERY  Yes - Just started SKIP
SEATS  246 plus 61 Bar
TERRACE 80

VENTES ANNUELLES / YEARLY SALES: 2,556,401 $

PROFIT BRUT / GROSS PROFIT: 62% 1,584,969 $

FRAIS ANNUELS / ANNUAL EXPENSES:
LOYER / RENT 144,000 $
TAXES 5,840 $
ÉLECTRICITÉ / HYDRO 74,201 $
ASSURANCES / INSURANCE 9,795 $
BUANDERIE / LAUNDRY 23,418 $
TÉLÉPHONE  4,988 $
SALAIRES / SALARIES: net of tips including owners salary at 80K) 741,266 $
SERVICES PROF. / PROFESSIONAL FEES 7,450 $
ROYAUTÉS / ROYALTIES 189,417 $
FRAIS BANCAIRES / BANK FEES  48,751 $
ENTRETIEN / MAINTENANCE 18,913 $
DIVERS / MISCELLANEOUS 38,005 $

COÛTS D'OPÉRATION / TOTAL EXPENSES: 1,306,044 $
(Basé sur frais fixes / Based on fixed expenses)

PROFIT NET / NET PROFIT:  278,925 $
(Basé sur frais fixes / Based on fixed expenses)