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BrokerStudio
Suite of tools & services
Benefits
Yearly Rate
$68,000
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
Own a dream cafe in Lansdowne Shopping Center. High exposure corner unit. Famous for its traditional Hong Kong dishes and signature "silk stocking" milk tea. Fully equipped and ready for operation, it's a turnkey opportunity with great growth potential. Loyal customer base, and strong brand recognition. Inquire now to step into a thriving food business with a legendary reputation. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
623 5300 No. 3 Road
Postal Code
V6X2X9
Location Highlights
N/A
Listed by
RE/MAX Crest Realty British Columbia listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
731
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$68,000
Asking Price
$68,000
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
731
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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