Location
Price

Reduced Price! Restaurant Breakfast Franchise – Lanaudière, Québec (RKRP-0002)

PRIX / PRICE: $595,000.00 +  Inventaire
Inventaire : $7,000.00

SIZE: 4072SF
ESTABLISHED Depuis /Since: Oct 2018
HOURS: 6AM – 3PM – 7 jours/days

CASH: Tous/ All
Possible Small Biz Loan: $350,000.00
STAFF:  8PT, 6FT + Owner
LEASE:  13 plus 5 option
DELIVERY:  No
SEATS: 140 + TERRACE: 40

DESCRIPTION:
Superb franchise restaurant lunch / dinner, in full expansion and very profitable, because the costs of operation are cheaper than in Montreal and Quebec. Excellent paying and hassle free opportunity for years.

YEARLY SALES: 1,010,538 $
Purchase provisions and royalties: $435,589.00
Equipement Valued over : $700,000.00

GROSS PROFIT: 669,798 $

ANNUAL EXPENSES:
RENT :  116,052 $
TAXES : 1,771 $
HYDRO ($26,181) Gas ($9,420) :  34,601 $
ADVERTISING : 9,244 $
INSURANCE : 5,218 $
TELEPHONE :  2,346 $
SALARIES (Employees only): 265,594 $
PROFESSIONAL FEES:  6,400 $
ROYALTIES –  Included in cost of provisions
BANK FEES : 7,302 $
MAINTENANCE : 28,803 $
MISCELLANEOUS : 9,800 $
TOTAL EXPENSES: 487,131 $
(Based on fixed expenses)

NET PROFIT: 182,667 $
(Including Owner salary of $ 67,200)
(Based on fixed expenses)
(Before financing, depretiation & income tax)

The above information was given by the owner / seller. They are to the best of our knowledge. However, we can not assume any responsibility for an error or omission. The prices mentioned are subject to change without notice.

Property details:

Property ID: HI-06528
Property Type: Restaurants
Property Status: Selling

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