From: Merv Easton [merv@pin.ca]
Sent:
Friday, July 21, 2006 7:13 AM
To: deb@pin.ca
Subject: Jake's
on 21st Restaurant Saskatoon 1 of 3
Hi Debby
Hope all is well with you.
Jake's on 21 st, 1 of 3 e-mails with 4 photos
attached to each
Jake's on 21st Downtown Saskatoon
$179,900
Voted Saskatoon's Choice for "Best Lunch
Spot"
by Planet "S'' Magazine for the Year
2006
Pleasant Atmosphere, Neat Decore' and Unparalleled
Reputation
Complete Turnkey Operation, including all equipment
and inventory and Training. Excellent popular staff in place willing to stay.
Complete Equipment list and further financial information available to qualified
buyer.
Amazing opportunity to own a very Popular
restaurant, make great money and work excellent hours!! Open Monday to
Fri
8:00a:m to 5:00 p:m Closed Weekends and
Stats
Located in the heart of Downtown Saskatoon
Business Sector AT 307 21st. Street East
$400,000 Gross Sales $96,000 Net per
Annum
Industry Standard for selling is normally 3 X net
income
Jake's is selling for a little less than 2X net
income
Sales Growth comparisons up 22% 2005 over
2004
2006 projected growth up 21% over 2005
Prime Location with Excellent Lease in place to
2012 with Options. Lease includes water, Commons Janitorial and
Security.
Contact: Jason Doell
307-21 st. Street East
Saskatoon Sk S7K-0C1
Business 306-373-8383
Fax 306-373-8380
Res
306-652-8734
Cell
306-229-0626
#1143,1145,1146,1147 Street View