Details - Information last confirmed on September 4, 2020

Well Establised - Well Located Madisons franchise restaurant
huge potential for owner operator with working partners
PRIX / PRICE $795,000.00 plus Inventory $50,000
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)

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