Full Service Restaurant

Listing ID:
MONTRQC001-N1158

Confidential, Quebec, Canada

Full-Service Restaurants

Listing Status: Active

Sunbelt of Sunbelt of Montreal

Phone: (514) 935-1216
Fax: (514) 935-2681

The following broker is assigned to this listing:

Denis Mavrias

denis.mavrias@sunbeltcanada.com

Description

(See English below) Situé sur une rue principale dans une centre commercial très achalandé, ce restaurant sert depuis plus de 18 ans une clientèle fidèle avec des plats de grande qualité de style américain. Bénéficiant d’une grande visibilité et une belle décoration intérieure, le restaurant dispose d'une cuisine tout équipée et un espace bar. L'entreprise a la capacité de servir 385 clients à l'intérieur, plus 120 autres sur la terrasse. Le restaurant possède cinq machines de loto. L'entreprise est rentable depuis sa création. Le propriétaire opère le restaurant de manière quasi-absente. Financement disponible. Le vendeur offre une formation et de soutien. Pour plus d'informations contacter Denis Mavrias at 514-947-5813 or by email at denis.mavrias@sunbeltcanada.com . Located on a main street in a well know commercial center, this franchise has, for more than 18 years, served its loyal clientele with its high quality American style food. With great visibility and beautifully decorated, the restaurant has a full kitchen and bar area. The business has capacity to serve 385 clients inside plus 120 more in the terrace. It includes five lotto machines. The business has been profitable since inception. The owner has operated the restaurant on a semi-absentee basis. Some financing is available. The vender offers training and support. For more information please contact Denis Mavrias at 514-947-5813 or by email at denis.mavrias@sunbeltcanada.com .

Financials

Asking Price:$360,000
Revenue:$1,542,221
Cash Flow:$164,460
Downpayment:$0
Monthly Payroll:$37,635
FF&E Asking Price:$500,000 (Included in Asking Price)
Inventory Asking Price:$15,000 (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:5500 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1996
Year Acquired:2010
Full-Time Employees:4
Part-Time Employees:19
Reason For Sale:The sellers are selling the majority of their local businesses to invest in other projects out of town.