Highly Successful Renovation Business For Sale at 7240 Woodbine Ave Markham in Markham, Ontario

Financial Information

• • Asking Price : $800,000
  • Gross Revenue- annual Total income received prior to any expenses. : one million - 1.5 million
  • EBITDA
    Earnings Before Interest, Taxes, Depreciation, Amortization.
    : over $500,000
  • 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)
    : over $500,000
  • 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

• Number of Employees (non owners) : 1-5
  • Full time : 2
  • Part time : 4

• Number of Working Owners : 1

• Year Business Established : 2011

• Current Owner - years : 12

• Business Hours :

• Seasonal : No

• 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   |   $0

• Franchise : No

Other Information

• Owner willing to Finance : No

• Other Financing Available : No

• Relocatable : Yes

• Home - Based : No

• Reason for Owner Selling : Relocation-moving

• Absentee Owner : No

• Support and Training : Included

• Growth and Expansion

  Scalable business. Great Opportunity to Expand.

• Market Competition

  Little competition.

• Website : https://rfsreno.com/