$795,000 · Reduced Price! Madisons Restaurant & Bar - Franchise RK-0199

Well Establised - Well Located Madisons franchise restaurant huge potential for owner operator with working partners Deposit to the landlord of 42K plus Hydro Quebec 8K PRIX / PRICE $795,000.00 plus Inventory Inventory: TBA at closing 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)