BROKERS Register for FREE
BrokerStudio
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)
2,846Monthly Rent/Sq.Ft.
N/ASave this Listing
Popular and successful licensed restaurant in downtown Port Elgin! Chester's Bar & Grill Co. has been in operation since 2015 after major renovations of an older establishment. Impressive sales and profit margins on top of salaries for ownership. Located in Saugeen Shores just minutes from the Bruce Power Plant with its thousands of permanent and transient employees and out of town workers. This gives great business in addition to the local population and tourists. Catering license included that allows owner to carry liquor license off site. **** EXTRAS **** Very attractive lease rate of $2,712 Gross Rent including TMI with 7 + 5 + 5 years. Big liquor license of 101 plus 12 on the streetside patio. 2,846 sq ft with a large bar, music stage, tons of tv's, and a12 ft hood and 2 walk-ins. (id:39198)
Add a Private Note
Please read Businesses 4 Sale Terms and Conditions before contacting the seller
Report this Listing
Your report has been successfully submitted. Our Customer service representative will get back to you shortly.