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Asking Price$300,000
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Business detailed description
Fine Italian restaurant - Well located, established since 35 years - owners retiring - new owners should have kirchen experience - super busy during summer
PRIX / PRICE $300,000.00 plus Inventory
Inventory: $30,000.00
ÉTABLI / ESTABLISHED Since: 36 years
DIMENSIONS / SIZE 1500SF plus basement same size
HEURES / HOURS from Mon to Fri - 11AM - 11PM
Sat and Sun from 4:30PM to 11PM

COMPTANT / CASH All
Possible Small Biz Loan
EMPLOYÉS / STAFF 10 plus 2 owners
BAIL / LEASE 3 plus 3
LIVRAISON / DELIVERY No
SEATS 93
TERRACE 25

VENTES ANNUELLES / YEARLY SALES: PROJECTIONS 900 000 $

PROFIT BRUT / GROSS PROFIT: 68% 612 000 $

FRAIS ANNUELS / ANNUAL EXPENSES:
LOYER / RENT 42 000 $
CHARGES DU CENTRE / MALL CHARGES
TAXES 3 424 $
PERMIS / PERMITS
ÉLECTRICITÉ / HYDRO 20 911 $
PUBLICITÉ/ADVERTISING 1 440 $
ASSURANCES / INSURANCE 8 827 $
BUANDERIE / LAUNDRY 9 000 $
TÉLÉPHONE 3 333 $
UNIFORMES
SALAIRES / SALARIES: (30%) 270 000 $
AVANTAGES SOCIAUX / FRINGE BENEFITS
SERVICES PROF. / PROFESSIONAL FEES 13 273 $
ROYAUTÉS / ROYALTIES
FRAIS BANCAIRES / BANK FEES 21 358 $
ENTRETIEN / MAINTENANCE 9 244 $
DIVERS / MISCELLANEOUS 15 164 $

COÛTS D'OPÉRATION / TOTAL EXPENSES: 417 974 $
(Basé sur frais fixes / Based on fixed expenses)

PROFIT NET / NET PROFIT: Including owners salary of $ 194 026 $
(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 #97205
Seller Reference #RK-0150
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Contact This Seller
Kailash Patel
Star Realty
514-232-5320
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