Currently valued at $275,000 (much less than the original cost and upgrades)
Original cost of land and buildings plus upgrades is over $410,000
Paid $200,000 for the Building in 2000
Put $150,000 into the interior. Restaurant, hair salon and two offices.
Added Air and rear entrance $3,000 in 2010
Warehouse building - Storage only.
Outside awning and windows = $10,000
On the outside - Insulated both warehouse and restaurant buildings $27,000
$20,0000 on Air Conditioning
Claude, the owner, has no debt and operates as he pleases.
The restaurant currently runs in the daytime but that is not the best use of the location.
An ethnic restaurant would be welcomed in the area.
Lunch, dinner, late night and take-out should pay back the total price in less than 5 years.
Trading area of approximately 8,000 people.
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