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Suite of tools & services
Benefits
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)
189Monthly Rent/Sq.Ft.
N/ASave this Listing
An opportunity to own a Liquor Sales licensed restaurant in heart of London Downtown. Located close to Residential Apartments, schools, Citi Plaza, the library, banks, offices, hotels, Budweiser Garden, and public transit by the door. Direct bus to UWO and walking distance to Fanshawe College. Well-appointed kitchen the main floor offers ample space for dining. Nearby parking lots and free street parking. Ground size of 2840 sqft & rent-Free basement storage, provides ample room to accommodate 100+ guests. The property features a wet bar, facilitating seamless operations for a Bar or a Drink Store. Equipped with 220v electricity. Upgrades include new stove and other appliances in 2020, Tiles (2020); Freshly painted walls & ceilings. 10.2 Foot Kitchen Hood. Legal private VIP rooms for parties. Affordable rent with Water and Tax included. Free garbage and used grease oil pickup. The lease term spans 2+7 years, providing stability and a long-term vision. No limit on working hours. (id:39198)
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