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Asking Price$595,000
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Excellent location - 8000SF - One and only 8000SF Chinese buffet in the area - well established.
PRIX / PRICE $595,000.00 plus inventory
Inventory: $20,000.00
ÉTABLI / ESTABLISHED Since: 30 years - same owner 3 years
DIMENSIONS / SIZE 8000SF
HEURES / HOURS from 10AM to 9PM - 7 days a week

COMPTANT / CASH All
Possible Small Biz Loan
EMPLOYÉS / STAFF 22 plus 3 managers, owner
BAIL / LEASE 3 plus more to be neg
LIVRAISON / DELIVERY yes (10%)
SEATS 350

VENTES ANNUELLES / YEARLY SALES: 2 350 000 $

PROFIT BRUT / GROSS PROFIT: 59% 1 393 080 $

FRAIS ANNUELS / ANNUAL EXPENSES:
LOYER / RENT 144 000 $
CHARGES DU CENTRE / MALL CHARGES
TAXES
PERMIS / PERMITS 3 000 $
ÉLECTRICITÉ / HYDRO 66 000 $
PUBLICITÉ/ADVERTISING 2 300 $
ASSURANCES / INSURANCE 5 600 $
BUANDERIE / LAUNDRY 8 700 $
TÉLÉPHONE 7 000 $
Automotive 17 000 $
SALAIRES / SALARIES: 782 300 $
AVANTAGES SOCIAUX / FRINGE BENEFITS
SERVICES PROF. / PROFESSIONAL FEES 4 000 $
ROYAUTÉS / ROYALTIES
FRAIS BANCAIRES / BANK FEES 16 000 $
ENTRETIEN / MAINTENANCE 23 000 $
DIVERS / MISCELLANEOUS 18 000 $

COÛTS D'OPÉRATION / TOTAL EXPENSES: 1 096 900 $
(Basé sur frais fixes / Based on fixed expenses)

PROFIT NET / NET PROFIT: Including owners salary of $ 296 180 $
(Basé sur frais fixes / Based on fixed expenses)

(Avant financement, amortissement et impot / Before financing, depretiation & income tax)
Les renseignements ci-dessus ont été donnés par le propriétaire/vendeur. Ils sont au meilleur de notre connaissance. Cependant, nous ne pouvons assumer aucune responsabilité pour une erreur ou omission. Les prix mentionnés sont sujet à changement sans préavis.

The above mentioned information were given by the owner/vendor at the best of our knowledge. However, we cannot assume any responsibility for any omissions or errors. The prices mentioned are subject to changes without any notice.
Ad #96525
Seller Reference #RK-0151
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Contact This Seller
Kailash Patel
Star Realty
514-232-5320
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