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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)
5,200Monthly Rent/Sq.Ft.
N/ASave this Listing
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Welcome to 359 Victoria Street. This commercial building is definitely a rare gem in the region. Located in the heart of the city of Edmundston, this building is an investment opportunity not to be missed. This business is currently a family restaurant with a very good clientele for many years. The building can very well be converted into short or long term rental housing. The option to buy the business only is also available. The Ouellette Family Restaurant, an institution for over 30 years, offers you a unique opportunity to become the owner of the business for $300,000. Highlights: -150 seats on 2 floors, including a reception room with a bar. -Varied and renowned menu: fish, seafood, pizzas, burgers, poutines, and more! -Complete high-quality equipment, ready to use. -Growth potential: delivery, theme nights, extended hours. -Loyal clientele and excellent sales. -Flexibility of acquisition: Lease the building while becoming the owner of the business. Ideal for reducing initial costs while benefiting from a turnkey business. Income and expenses and the list of equipment and inventory are available upon request. Contact today to discuss this unique opportunity! (id:39198)
Total income received prior to any expenses.
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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.
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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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