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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)
0Monthly Rent/Sq.Ft.
N/ASave this Listing
Go to Maps
Take advantage of a prime opportunity to own and operate a thriving Chinese take-out restaurant in the heart of Port Elgin, a charming beach town on the edge of Lake Huron. Known for its delectable menu and excellent service, Tang’s Kitchen has built a loyal customer base and a stellar reputation. This business is set-up with all the essentials necessary for a seamless transition. The fully equipped kitchen and all fixtures will ensure that you step into a fully operational establishment. Located on Port Elgin’s bustling main street, the restaurant benefits from high visibility and steady foot traffic, contributing to its continued success. With a loyal client base, the highschool close-by, and many tourists stopping in throughout the summer, this business is situated for year round operation on a large lot (123 x 132) with ample parking and two large entrances for easy access onto Highway 21. (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.
:
N/A
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