Location
Price

( RGK-1132) Franchise-Lebanese cuisine restaurant

A well known franchise restaurant, with Lebanese cuisine. In a prime location in the Smart Center in North Shore. A well established and very profitable restaurant. Same owner since opening. Ideal for a family or 2 associates. A great business opportunity not to be missed. Buyer must pay franchise fees of $ 50,000. Seller is responsible for the $ 10,000 deductible transfer fee.

PRICE: $485,000 + Inventory
ESTABLISHED: April 2009, same owner.
SIZE: 2000 sq. ft.
HOURS:Sun, Mon, Tues; 11:00 – 20:30
Wednesday to Saturday; 11:00 – 21:00
CASH: $200,000 – $250,000
POSSIBILITY PPE: $200,000 – $250,000
DELIVERY: Yes

YEARLY SALES: 710 000 $
Annual Sales = $ 675,000
Catering = $ 35,000 net
GROSS PROFIT: 467 000 $

ANNUAL EXPENSES:                       
RENT: 75 600 $
MALL CHARGES: Inc.
PROPERTY & BUSINESS TAXES Inc.
PERMITS: 600 $
HYDRO POWER: 10 800 $
GAS METRO: 9 600 $
INSURANCE: 3 600 $
OFFICE: 250 $
TELEPHONE & INTERNET & TV: 3 000 $
SALARIES: Inc. proprio: $60,000, 180 000 $
FRINGE BENEFITS: Inc.
UNIFORMS: 250 $
ALAR: 150 $
PROFESSIONAL FEES: 3 000 $
ROYALTIES : 9 000 $
PUBLICITY: 2 000 $
BANK FEES: 3 500 $
MAINTENANCE & REPAIRS: 8 000 $
MISCELLANEOUS: 4 000 $

TOTAL EXPENSES: 313 350 $
(Based on fixed expenses)

NET PROFIT: 153 650 $
(Based on fixed expenses)

Property details:

Property ID: HI-05484
Property Type: Restaurants
Property Status: Selling

Schedule a Tour

Property Views: