Location
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(RGK-1133) FRANCHISE-Restaurant New burger concept

DESCRIPTION: A brand new burger concept of superior quality, a well-known franchisor in the catering world. This concept of street-food lends itself well to the down-to-earth atmosphere quarter, complementing and creating synergies with existing street offers. Deposit to put on the rent an amount of $ 10,520. No percentage to pay for advertising before the opening of the 6th branch. A location not to miss!

PRICE: 225,000$ + Inventory
ESTABLISHED: Ouverture/Opening Avril 2018
SIZE: 575SF + Entrepot/Warehouse
HOURS: 7 Jours/Days 10:00 – 22:00
“The exact hours will be determined.”
CASH: 100,000 – 125,000 $
Possible Small Biz Loan: 100,000 – 125,000 $
STAFF: Prop./Owner + 5 to 7
LEASE: October 2022 + 5 + 5
DELIVERY: Yes

YEARLY SALES: 650,000$

GROSS PROFIT: 422 500 $

ANNUAL EXPENSES:
RENT: 36 000 $
MALL CHARGES: 10 800 $
BUSINESS & PROPERTY: Inc.
PERMITS: 800 $
UTILITIES: 18 000 $
INSURANCE: 4 000 $
OFFICE: 300 $
TELEPHONE & INTERNET & TV: 2 000 $
SALARIES: 130 000 $
OWNER-MANAGER SALARY: 40 000 $
UNIFORMS: 400 $
ALARM: 150 $
PROFESSIONAL FEES: 3 600 $
ROYALTIES: 6%, 39 000 $
ADVERTISING: 2%, N./A.
BANK FEES : 6 000 $
MAINTENACE & REPAIRS: 5 000 $
MISCELLANEOUS: 5 000 $

TOTAL EXPENSES: 301 050 $
(Based on fixed expenses)

NET PROFIT: 121 450 $
(Based on fixed expenses)

Property details:

Property ID: HI-05488
Property Type: Franchise
Property Status: Selling

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