Location
Price

( RK-0191) Fastest Growing Burger Bar in Montreal Triple A location

Fastest Growing Burger Bar in Montreal
Tripple A location – Montreal – Well Established – Steady business
Hands on Owner operator is an ideal candidate
$1,600,000.00 Plus Inventory
Inventory: $40,000.00
Since July 2014
4200SF
HOURS: Sun to Wed from 11:30AM to 11PM
Thurs/Fri/Sat from 11:30AM to Midnight
CASH: All with SBL
Possible Small Biz Loan $350,000.00
STAFF: 50 to 75
LEASE: 10 plus 5 plus 5
DELIVERY: Uber, Foodora
SEATS: 163
TERRACE: 69

YEARLY SALES: 3,495,000 $

Food Cost: $945,000.00 Alcohol Cost: $330,000.00

GROSS PROFIT: 2,220,000 $

ANNUAL EXPENSES:
RENT: 245,000 $
PERMITS: 14,500 $
HYDRO: 49,000 $
ADVERTISING: 86,000 $
INSURANCE: 7,000 $
TÉLÉPHONE: 2,500 $
UNIFORMES: 3,000 $
SALARIES: 880,000 $
FRINGE BENEFITS: 155,000 $
PROFESSIONAL FEES: 33,000 $
ROYALTIES: 178,000 $
BANK FEES: 47,000 $
MAINTENANCE: 30,000 $
MISCELLANEOUS: 130,000 $

TOTAL EXPENSES: 1,860,000 $
(Based on fixed expenses)

NET PROFIT: Including owners salary of $ 360,000 $
(Based on fixed expenses)
(Before financing, depretiation & income tax)

Property details:

Property ID: HI-05792
Property Type: Restaurants
Property Status: Selling

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