$300,000 · RK-0150 Fine Italian Restaurant - well established - Montreal

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.