SunbeltNetwork.com - Five Star-Italian Restaurant

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SunbeltNetwork.com - Five Star-Italian Restaurant
Business Description
Ronald Greeley presents an outstanding ultra high class restaurant in prime area of Montreal . Well established clientele with
exceptional growth potential with large medical and academic customers located within 5-10 minute walking distance yearround.Owner invested $250,000 in improvements after purchasing in 2011 including renovations to all bathrooms and
cooking equipment and all chairs and tables.
Ronald Greeley présente un excellent restaurant ultra haut de gamme dans le quartier principal de Montréal. Eh bien établie
clientèle à fort potentiel de croissance exceptionnel avec les grands clients médicaux et universitaires situés dans 5-10
minutes à l'année ronde marche.Propriétaire a investi 250.000 dollars dans des améliorations après achat en 2011, y compris
la rénovation de toutes les salles de bains et des équipements de cuisine et toutes les chaises et les tables.
Details
Primary Business Category: Food Services and Drinking Places (SIC 58, NAICS 722)
Location: Quebec
Listed by: Sunbelt Dorval, Montreal West Island
Reason for Sale: Seller has another business which takes
Company Information
Home Based: No
Franchise: No
Distressed: No
Relocatable: No
Year Established: 1996
Year Acquired: 2010
Number of Employees: Less than 5
Willing to Train: Yes
Financial Information
Asking Price: $125,000
Gross Revenue: $450,000
Cash Flow: ON REQUEST
FF&E (included): $125,000
Inventory : N/A
Real Estate : $0
Seller Financing Available: Yes
Down Payment: NEGOTIABLE
Monthly Payroll: $8,000
Property Information
Building Type: Leased
Building Size: 1500 sq ft
Building Seats: 73
Building Parking: Available in nearby schoolyard
Building Rent (monthly): Can$3,300
Building Lease Expires: 2015-09-15
http://www.sunbeltnetwork.com/business-for-sale/print/MONTRQC004-N528
6/10/2013
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Building Lease Security: Can$10,000
Building Lease Misc: Cancellation Clause -September annually
http://www.sunbeltnetwork.com/business-for-sale/print/MONTRQC004-N528
6/10/2013