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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   British Columbia Businesses For Sale Categories   >>   

Cafe Red Umbrella - English Bay

Location  British Columbia,Canada
Asking Price Range  < $250K
Gross Revenues  $300000
Net Profit / Cash Flow  $80000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1997
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Description  $ 178,000 Cafe RED UMBRELLA near English Bay, Vancouver West. Nice Cafe with sidewalk patio neighbouring English Bay residential/commercial area. Business is well established for over 15 years with proven income. Cafe is equipped with full venting kitchen serving all day breakfast and light meals. Short operating hours between 0700 to 1600hrs daily. Revenue can be increased with longer operating hours in the summer where the firework and parade events took place on Davie Street. Current new highrise construction takes 30 months to complete right opposite the Cafe also benefit sales at this location. KINDLY RESPECT THE VENDOR, DO NOT DIRECT APPROACH THE OWNER AND THEIR STAFF. THANK YOU. For informatiom, please call Anry at 778-896-8561 YEARS IN BUSINESS 15 year(s) FLOOR AREA 1000 sq ft. EMPLOYEES Fulltime: owner + 4 Part time: LEASE TERM 2.5 + 5 years PARKING Street ADDRESS 1707 Davie Street, Vancouver ASKING PRICE $ 178,000 BUSINESS HOURS Daily 0700 to 1600hr YEARLY SALES Others: over $300K gross sales net tax YEARLY GROSS INCOME $ 210,000 YEARLY OPERATING COSTS Gross Rent: $ 54,000 Employee Wages: $ 60,000 Hydro: $ 6,000 Insurance: $ 1,500 Phone Interac: $ 1,200 Others: $ 5,000 other operating expenses YEARLY EXPENSES $ 127,700 YEARLY NET INCOME over $ 80,000 for owner before income tax
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