Italian and Mediterranean Restaurant in the heart of St. Laurent

St.Laurent, QC

Italian and Mediterranean Restaurant in the heart of St. Laurent
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Asking Price: Get Financing: $1,500,000

Cash Flow: $554,028

Gross Revenue: $3,500,000

EBITDA: $554,028

FF&E: N/A

Inventory: $30,000*

Established: 2015

*not included in asking price.

Italian and Mediterranean Restaurant in the heart of St. Laurent

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Business Description

Italian and Mediterranean cuisine with emphasis on tapas styles plates, from pizza to gourmet burgers and pasta. Modern Italian Pub featuring large selection of International beer

PRIX / PRICE: $1,500,000.00 plus Inventory: $30,000.00
ÉTABLI / ESTABLISHED: Since 2 year
DIMENSIONS / SIZE: 7000SF
HEURES / HOURS: From 11AM to 11PM - 7 days a week

COMPTANT / CASH: ALL with SBL
Small Business Loan(SBL): $350 000,00
EMPLOYÉS / STAFF: 30 plus 2 owner
BAIL / LEASE: 8 plus 5 plus 5
LIVRAISON / DELIVERY: No
CAPACITÉ / CAPACITY: 250

VENTES ANNUELLES / YEARLY SALES: 3 500 000 $
food cost 35%
Poker machine net revenue $120,000.00

PROFIT BRUT / GROSS PROFIT: 65% 2 395 000 $
FRAIS ANNUELS / ANNUAL EXPENSES:
LOYER / RENT 361 536 $
CHARGES DU CENTRE / MALL CHARGES
TAXES
PERMIS / PERMITS 3 000 $
ÉLECTRICITÉ / HYDRO 30 000 $
PUBLICITÉ/ADVERTISING 70 000 $
ASSURANCES / INSURANCE 8 500 $
BUANDERIE / LAUNDRY 3 000 $
TÉLÉPHONE 3 000 $
UNIFORMES 3 000 $
SALAIRES / SALARIES: (employees plus two owners at 4K per two weeks) 1 056 536 $
AVANTAGES SOCIAUX / FRINGE BENEFITS
SERVICES PROF. / PROFESSIONAL FEES 5 400 $
ROYAUTÉS / ROYALTIES(5%) 175 000 $
FRAIS BANCAIRES / BANK FEES 50 000 $
ENTRETIEN / MAINTENANCE 24 000 $
DIVERS / MISCELLANEOUS 48 000 $

COÛTS D'OPÉRATION / TOTAL EXPENSES:
(Basé sur frais fixes / Based on fixed expenses) 1 840 972 $

PROFIT NET / NET PROFIT: Including owners salary of $
(Basé sur frais fixes / Based on fixed expenses) 554 028 $

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.

Detailed Information

Inventory:
Not included in asking price
Employees:
30 plus 2 owners
Business Website:
http://sites.google.com/site/starfichedescriptive/rk-0139
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Contact the Seller

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Kailash Patel

Business Listed By:
Kailash Patel

Star Realty

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