Top-Ranked Restaurant / Café in the GTA

Price: $650,000

Location: GTA

Industry: Restaurant and Food

Listing ID: EBB-0524-01

Listing Status: Under Contract

Description

The restaurant is a jewel in a field of fast-food establishments that populate the area. This is a fine-dining establishment offering European menu items.

They currently have menus for breakfast, lunch and dinner. The many awards over the years are a testament to the exceptional dining experience they have created. Everything is made from scratch using fresh, high-quality ingredients.

There are other restaurants for sale in the area, but it’s a rare opportunity when the number two position is available.

LISTING DETAILS

Total Sales: $1,471,000

Cash Flow: $170,000

FFE Included: Yes

Inventory Included: Yes

Operation

Year Established: 1993

Days & Hours of Operation: Tuesday - Sunday

Owner Hours Per Week: 50

Employees: 26

Absentee Owner: No

Security on Lease: No

Location

Real Estate Included: No

Franchise: No

Relocatable: No

Summary

Facilities Information:

Total Useable Space 5,200, sq ft 480m2
LCBO Permits
Consisting of: Main floor 3,300 sq ft 306 m2 100 seats
Patio (estimated) 1,000 sq ft 93 m2 56 seats
Basement 900 sq ft 84 m2

Terms and Conditions?:

Asset Sale

Reason For Sale:

Retirement

Training & Support:

Seller to provide transitional training and support

Competition:

Very few fine dining competitors in the area

Financing/Terms:

No vendor financing available

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Jim Stan

Jim Stan