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Rare one-of-a-kind business establishment. This Take5 franchise cafe is located in the busy Metrotown mall in Burnaby. Lots of traffic, plus great retail sales & catering opportunities. It has approximately 1100 sq.ft. with 30 seats. You can make six-figure income as owner/operator for this business. Lease option renewals in place. Stable rent all the way to 2018.
KINDLY NOT TO DISTURB THE STAFFS & THE SELLER. ALL INFO THROUGH PHILIP HUI PLEASE
YEARS IN BUSINESS 2 year(s)
FLOOR AREA 1100 sq ft.
EMPLOYEES Fulltime: 4 Part time: 4
LEASE TERM 2011 + option 2yr + 5yr
PARKING Free Mall Parking
ADDRESS
Metrotown, Burnaby
ASKING PRICE $$$
BUSINESS HOURS
Daily 1000 to 2100hr Mall Hours
MONTHLY SALES
Food and Beverages: $ 590,000 (year)
MONTHLY GROSS INCOME $ 340,000 (year)
MONTHLY OPERATING COSTS
Gross Rent: $ 93,848 (year)
Employee Wages: $ 124,000 (year)
Hydro: $ 1,200 (year)
Insurance: $ 1,600 (year)
Phone Interac: $ 600 (year)
Others: $ 47,000 (royalty & ad)
MONTHLY EXPENSES $ 268,248 + $19,200 = $287,448 (year)
MONTHLY NET INCOME $ 52,552 (year) for absentee owner
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