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Time Capsule Board Game Cafe & Bar Restaurant
Location: Canada -> Ontario
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Located on a main street with a large street view exposure.
5 minutes walk from Woodbine Subway Station.
Free Street Parking after 6pm and Weekends.

$2,200 square feet area.
Liquor Licence
Restaurant Licence
Inspection Passes (building, health, fire)

Rent: $4,620/month
Property Tax: $1,060/month
Water: $212/month flat.
HST on all of it: $766/month
Total Rent + Property Tax + HST: $6,658/month.
Durations: until 1 May 2021 + Option to Renew for 3 more years with no increase in rent.


Digital Marketing:
1,000 people of past customer email list.
4.4 stars rating on google listing.
120,000 of monthly searches on google maps.
77 monthly call from google listing.
700 monthly ''get directions'' from google listing.
500 visits to website from google listing.
1,000 monthly unique visitors on website. 150 monthly returning visitors.
30 to 50 leads per month from website.

Events:
Weekly Yuker Group: 20 people/week on a Tuesday.
Weekly Board Games Group: 10 people/week on a Wednesday.
By-Weekly Paint Night Group: 10 - 30 people/month on a Thursday.
Monthly Creative Force Group: 30 people/month on a Thursday.
Monthly Beatles trivia Group: 10 people/month of a Wednesday.

$20,00 of month liquidity. (After rent comes out at the start of the month).
$13,000 outstanding debt. Debt Cost: $800/month. *** Debt will be eliminated upon sale.
$8,000 locked in deposits. Last Month's Rent. Hydro + Gas Deposits (release upon 5 year of operation).
$5,000/week - $20,000/month of Average Operational Revenue(based on 3 years of data).
$4,900/week - $19,000/month of Average Costs. ($3,000/month for manager included).
$600/month revenue from renting out the basement.
$600/month revenue from renting out the kitchen for uber eats company. (Potential! Likely starts in 1 month).
Total Value of Physical Assets: $30,163
Average revenue/customer: $20. Average group size: 3-4 people.
Asking Price: $80,000. (with terms in ''Proposal'' section).


Financials

Asking Price Range:  < $250K
Gross Revenues:   $240,000
Cash Flow:   $48,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2015
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  yes
Reason For Selling:  me and my business partner did it for 4 years. we found other inspirations and want to pursue those instead. so we decided to sell.




Print Listing Id: 700343081
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Ontario Businesses For Sale > Ontario Franchises For Sale



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