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A million dollar business overlooking Englsih Bay.
This is a turn-key business with well trained staffs.
Easy to operate with one owner (ideally with 2-3 family members to work together can save a lot of wages paid to the employees)
Franchise training is required.
Buyer must be financially qualified.
PLEASE RESPECT THE SELLER AND THEIR STAFFS, NO DIRECT APPROACH. ALL INFORMATION THROUGH PHILIP
YEARS IN BUSINESS 3 year(s)
FLOOR AREA 1300 sq ft.
EMPLOYEES Fulltime: owner Part time: 12
LEASE TERM 2012 + 5 + 5 + 5
PARKING Street
BUSINESS HOURS
Daily 1200hr to 2400hr midnight (Summer months)
MONTHLY SALES
Others: Confidential
MONTHLY GROSS INCOME $569,600 (yearly revenue after food cost)
MONTHLY OPERATING COSTS
Gross Rent: $ 108,600 (year)
Employee Wages: $ 165,000 (year)
Hydro: $ 13,000 (year)
Insurance: $ 2,000 (year)
Phone Interac: $ 6,000 (year)
Waste Removal: included
Others: Royalty, Advertisment, Bank $70,000
MONTHLY EXPENSES $ 364,600 (year)
MONTHLY NET INCOME $ 205,000 (year) for owner
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