Chinese Restaurant For Sale at 5595 KINGSWAY in Burnaby, British Columbia

Financial Information

• • Asking Price : $580,000
  • Gross Revenue- annual Total income received prior to any expenses. : N/A
  • EBITDA
    Earnings Before Interest, Taxes, Depreciation, Amortization.
    : N/A
  • Cash Flow - annual
    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)
    : N/A
  • Comments : N/A
  • Cap Rate 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
  • NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses. : N/A

Operational Information

• Type of Liquor License : No

• Number of Employees (non owners) : N/A
  • Full time : N/A
  • Part time : N/A

• Number of Working Owners : N/A

• Year Business Established : N/A

• Current Owner - years : N/A

• Business Hours : N/A

• Seasonal : N/A

• FF & E
  Furniture, Fixtures & Equipment that remain with the business.
  : Included

• Inventory Value - approximate
  Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
  : Not Included

• Franchise : N/A

Other Information

• Owner willing to Finance : N/A

• Other Financing Available : No

• Relocatable : No

• Home - Based : No

• Reason for Owner Selling : N/A

• Absentee Owner : N/A

• Support and Training : Not Included

• Growth and Expansion : N/A

• Market Competition : N/A

• Website : N/A

• Listed by : Grand Central Realty British Columbia listing