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About

Financial Projections

We are looking for someone to invest either 90 k for 25% or 160 for 50% of the restaurant share as a silent partner.

Location: 4137 rue sainte-catherine street east, H1V 1X1, Montreal, QC

Seating capacity at the moment is 50 for interior and 20 in the Terrace.

Currently We Open 6 days a week and on Monday is closed. Currently open for Brunch from Tuesday to Sunday from 10 am to 2:30 pm and at Dinner from 5 Pm to 9 pm Wednesday, Thursday and Sunday and 5 pm to 10 pm on Friday and Saturday.
You can see the opening hours at google search as Les Affames HoMa.

But I want to stay open for 7 days. From Monday to Sunday 7 am to 3 pm for breakfast and Lunch and Monday, Tuesday, Wed, Thursday and Sunday from 5:30 pm to 12 pm. and Friday and Saturday from 5:30 pm to 1 pm for Dinner. Also we will be open from 3 to 5:30 pm serving alcohol and finger foods.

We are located in a busy street on Sainte Catherine which is being developed by the Government of Quebec as that is the only place that is Francophone. We have a massage parlor, Depanneur fast food, and also a yoga place next to us that creates a very good traffic.

Currently we have brought our own wine concept so we want to make it a Resto and Bar by August that is when we will be open from 7 am to Midnight and also have a terrace., that will drive more people

We are close to Notre Dame highway that connects the city of Terrebonne etc to Downtown Montreal.

We are currently serving Fusion Cuisine and one thing we want to bring is Steak. you can find more about us on by visiting our website http://www.lesaffameshoma.ca

We have a full basement that is 6 and a half inch high and in the future want to make it a dance floor. Our kitchen is also huge and in the near future we can extend the dining room to the kitchen to make 15 to 20 more places increasing our base from 50 to 70 seating. In that case that can also be turned into a 40 seating private room. At the moment the rent is $4073 including tax and business tax. As our sales will grow the fixed expense will be as low as 8 percent.

We are currently busy on Saturday and Sunday specially for our brunch. On those days we make 2000 to 2500$ and that too without selling any alcohol., which is about $ 9,000 to $ 10,000 plus others days, it is a pretty decent number

The profit margin: Employees cost 35 to 40%, food cost 25 to 30%, fixed expense 8 to 15 % thus Profit margin will be anywhere from 15% to 32%. We are currently projecting sales of 1.5 million to 3.5 million. Based on the seatings upgrades. We will be open for at least 17 to 18 hours a day. Also when the dance floor is made the projecting sales will increase by at least 500k/year.

I am currently looking for investors so I can do promotions, hire more people, do upgrades in the bar, open the terrace and also have the money to make the basement renovated to make it into a dance floor. The private room will be used for parties and events and also be able to open for walk-ins., that will create a great traffic

Right now our food in the morning averages from 20 to 30$ and at night 25 to 50$ without alcohol.

The location has ethnic people but it is a French neighbourhood.