Location
Price

(RK-0199) Madisons Restaurant & Bar – Franchise

Well Establised – Well Located Madisons franchise restaurant, huge potential for owner operator with working partners.

NAME: Madisons Restaurant & Bar – Franchise
ADDRESS:
NEAR:
PRICE: $795,000.00 plus Inventory
Inventory: TBA at closing
ESTABLISHED: Since 5 years
SIZE: 7000SF
HOURS:   Sunday to Thursday from 11AM to 11PM
Fri and sat from 11AM to Midnight

CASH: $545 000,00
POSSIBILITÉ PPE:$350 000,00
STAFF: 40 plus 3 owners
LEASE: 12 years
DELIVERY: Yes – Just started SKIP
CAPACITY: 246 plus 61 Bar
TERRACE: 80

YEARLY SALES:     2 556 401 $

GROSS PROFIT :   (62%)       1 584 968.62$

RENT”:  144 000 $
TAXES:  5 840 $
HYDRO:  74 201 $
INSURANCE:  9 795 $
LAUNDRY:  23 418 $
TÉLÉPHONE:   4 988 $
SALARIES: net of tips including owners salary at 80K):  741 266 $
PROFESSIONAL FEES:  7 450 $
ROYALTIES:  189 417 $
BANK FEES:   48 751 $
MAINTENANCE:  18 913 $
MISCELLANEOUS:  38 005 $

TOTAL EXPENSES (Based on fixed expenses) :        1 306 044 $

NET PROFIT (Based on fixed expenses) :          278 9254.62$

(Avant financement, amortissement et impot / Before financing, depretiation & income tax)
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.

Property details:

Property ID: HI-05913

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