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Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
N/A Cash Flow 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)
Premises Size (square feet)
0Monthly Rent/Sq.Ft.
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Commercial building for sale with restaurant option. The current licensed restaurant is an established, well-loved institution, attracting local and destination clientele since it opened in 2014. It is ?a modern approach to dining, offered in a casual and fun atmosphere, with a bit of quirkiness.? With its stylish modern façade, and bright attractive, open concept kitchen-dining area, this building lends well to a variety of hospitality industry concepts. The restaurant seating capacity is: 38 (30 at flex-tables, 8 at the bar). This commercial space is located on Lunenburg?s famous Lincoln Street amidst boutique shops, art galleries, cafes and restaurants. The building footprint is approximately 20 feet wide by 60 feet deep. The interior finished space is approximately 1,000 square feet on the main floor and 1,000 square feet of storage space, with support equipment and utilities, in the basement (interior access and exterior side-door access). The building is constructed of poured concrete foundation; concrete floors (main floor has steel I-beam joists); parge coated cement block exterior; brick and glass façade; steel I-beam ceiling joists; and a metal roof (2016). It has a barrier free entry and two public washrooms (both on main level, one is barrier-free). It includes a full-service commercial kitchen and café equipment, if desired. Successful turn-key restaurants rarely become available, especially with the option to own the building. If you?re looking to open a bar, restaurant, or café in the busy commercial district of UNESCO world-heritage site Lunenburg, this special opportunity is one you won?t want to miss! Floor plans and a 3D-Virtual Tour are available upon request. (id:39198)
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