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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)
4,000Monthly Rent/Sq.Ft.
N/ASave this Listing
BUSINESS FOR SALE. The owners of almost 20 year of this well known family restaurant have decided to retire. This restaurant has a super location on a high traffic street, close to 401, the downtown and well known Lake Ontario/waterfront beach. Offers 4000 sqft. in a well cared for plaza with lots of parking. Has 108 seats in restaurant plus 60 seating party room and 30 seating outdoor patio area all fully equipped with LLBO licensing. This turnkey operation runs a busy breakfast, lunch and dinner menu which is complimented by their tasty food and repeat customers. They also have excellent catering and additional opportunities with their party room space. The owner of the business also pays a monthly lease and TMI to the landlord. Lease details and lease terms need to be negotiated with the landlord. Along with approval to the new owner. The current hours of operation Monday &Tuesday 7:30-3pm, Wed-Sat 7:30-8pm(Friday night comedy) Sunday 730am-7pm **** EXTRAS **** This restaurant is called Dimitris Restaurant and Niko's Patio. Restaurant owner leases the space and pays monthly plus extra TMI.. Restaurant sqft is 3786 and patio area is 1350 sqft. (id:39198)
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