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Suite of tools & services
Benefits
Total income received prior to any expenses.
N/A
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
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)
4,480Monthly Rent/Sq.Ft.
N/ASave this Listing
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Welcome to Up to Par, your next business opportunity! This restaurant, which was first established in 2008, has been a part of the local community of Midland for years; because of that, it has a dedicated clientele and stellar reputation, making it a profitable turn-key investment. Located in a beautiful pastoral location, it is also close to Midland Meadows Golf Club, offering ample opportunities for crossover customers. It is halfway between Sussex and Hampton and less than an hour to Saint John, meaning it is popular with locals as well as seasonal visitors who frequent the area for ATV-ing, hunting, golfing, snowmobiling and more. The restaurant itself has been renovated in the past 2 years and offers a modern but casual atmosphere with new flooring, paint and light fixtures. The main dining room (including private event room and bar area) seats up to 160 people and the 3-season, second-storey patio overlooking the beautiful valley below, seats an additional 50. On the lower level there is another bar area with more seating, offering the chance to offer 2 separate atmospheres. The kitchen has all new equipment and has been set up for efficiency and ease. The restaurant also offers take-out and hosts several types of events, which could be expanded for additional revenue. The property includes the restaurant, building, furnishing, all equipment and inventory. Don't miss out on this incredible business venture! (id:39198)
Total income received prior to any expenses.
:
N/A
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
:
N/A
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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N/A
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