|
OWNER'S
STATED VALUE IN THIS BUSINESS OPPORTUNITY |
|
|
Wholesale value of inventory:
(Counted and paid
separately on possession) |
. |
|
Fair market value of
equipment and leasehold improvements:
|
$25,000 |
|
Intellectual property:
(franchise ready, proven concept) 12% overall food costs |
$30,000 |
|
Cash flow (2009) on target
for $250,000 - valued at 3x Normalized Net:
|
$190,000 |
|
Total estimated value of this business opportunity: |
$245,000 |
|
Asking price: |
$125,000 |
- 1,400 ft² leased space;
$1,400 per month
- excellent long-term lease
available
- perfect night concept leaves daytime for high-margin catering
- huge condo project across the street to be completed in a few months
- potential for franchising with 12% food costs is very attractive
- owners willing to sell the Research & Development to achieve
these results and more.
Catering operates during day.
Retail operates at night.
Owners are very sorry to leave but must for health reasons. |
| Entry way and patio
are the only legal smoking patio entry areas in Victoria. |
 |
 |
There are two levels of
seating, this shows the
entry looking at the top level.
|
| Bar and liquor
storage on lower level. License
may be extended to stay open until 2:am; currently licensed until
midnight. |
 |
 |
Espresso machine,
grinders and other supplies behind the bar.
|
| Larger groups are
easily accommodated. This table for 12 is all ready to go! |
 |
 |
Looking down to
lower seating level.
|
| Large food prep area. |
 |
 |
Cleanup area of
lowest level.
|
| Another view of the
dishwashing area. |
 |
 |
Detour's walk-in
cooler is one of the largest in Victoria. Huge storage and
prep area in the back. This, combined with the easy access back
door, makes catering a natural.
(down to third level)
|
| Interior of walk-in
cooler. |
 |
 |
Storage and
receiving on lowest level. So convenient for deliveries
and catering!
|
| Two levels of
seating, and a lower level for preparations. |
 |
|
DISCLAIMER:
We are not real estate agents. Listings on www.pin.ca are private offerings and the sale of any
investment unit listed on this website has not been qualified, endorsed
or recommended by any Federal, Provincial or Securities agency or
commission. Do your own due diligence with the help of licensed,
professional lawyers, accountants and investment counsellors. Do not
rely upon this, or related websites, for investment advice. We try to
provide quality information, but we make no claims, promises or
guarantees about the accuracy, completeness, or adequacy.
PIN has been operating
since 1998 and is ready for
major expansion.
Agents wanted worldwide --
click for details.
(Saskatchewan and Manitoba are already covered)
|
