Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Award Winning Contemporary Cuisine Served In Montreal For Sale

Montreal, Quebec, Canada
Asking Price:
$2,195,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$4,602,928 (CAD)
Cash Flow:
$331,513 (CAD)

Transworld presents a French cuisine restaurant that has delighted diners in downtown Montreal with award-winning contemporary cuisine served in an elegant setting for over 20 years. Under a renowned chef, the restaurant consistently earns accolades including being named Canada's Best Restaurant. Located in a recently updated 8,041 square foot space, the restaurant’s prime address caters seamlessly to tourists, business diners, and residents.

Growth Opportunities:

1) Expanded Hours: New owner could boost revenues by expanding operating hours into late night, adding a bar/lounge scene, and adding 2 more working days . The prime downtown location and proximity to main venues which drives a high traffic volume.

2) Takeout/Delivery: Expanding into takeout, delivery, and pre-made meals would allow the restaurant to reach new customers. This provides additional revenue streams while leveraging the existing kitchen.

3) Catering: The restaurant's award-winning cuisine could be leveraged for onsite catering to local businesses and event venues. The downtown corporate presence offers significant B2B catering opportunities.

3) Private Dining: The restaurant could market its mezzanine private dining space for corporate events, weddings, and private parties. This caters to the high-end demographic downtown.

4) Franchising: The restaurant's esteemed brand could be leveraged into a franchise model, opening new locations in affluent neighbourhoods and major Canadian cities.

Please note the following:

- The Leasehold Improvement done in 2019 cost: $2,590,172.

- The FF&E and Leasehold Improvements are in excellent condition.

- Inventory is not included in the price.

Property Information

Real Estate:

Lease

Leasehold Rent:

$50,845 (CAD) per annum

Location:

Prime retail location in downtown Montreal, Quebec, Canada

Size in square feet:
8,041

Business Operation

Reasons for selling:

Moving outside the country

Employees:
45
Years established:
2002

Other Information

Support & training:

Available for the new buyer

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

To be discussed

Furniture / Fixtures value:
$608,340 (CAD) - included in the asking price
Inventory / Stock value:
$150,000 (CAD)