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This Toronto craft beer café serves a wide range of made from scratch recipes to a loyal clientele! This community hub has been a reliable place to grab a quick meal, a cold beer, and to catch an occasional live music performance or trivia night. Known for well-made burgers, the menu has all the best bar foods including pizza, nachos, and wings. Brunch is served daily for those looking for breakfast on the way or a cozy place to chat with friends over French toast and mimosas.
This dynamic spot is a draw for local community members. It is a cozy and warm eatery with a casual atmosphere and friendly staff. Events happen throughout the week and can include trivia nights, open mics nights, live music, community meetings, and local art often decorates the walls. The 1,000 square foot restaurant has a great dining room, bar, and fully-outfitted kitchen. There are six front-of-the-house team members and four cooks. The employees are well-trained and responsible, managing evening operations with little oversight. The owner manages the day-to-day operations.
Though this restaurant is very popular, one could capitalize on the popularity to drive additional customers to their front doors. Social media advertising as well as locally targeted advertising may help draw interest. Lunch is slower than dinner, so boosting mid-day traffic could help the bottom line. Delivery services could also be utilized to serve those customers that prefer to order from the comfort of their home or office.
1,000 sq. ft.: Dining room, kitchen, patio
Advertise to bring in new customers; incorporate additional vegetarian, vegan, and gluten free options; boost delivery through driving services, i.e. Uber Eats; boost lunch business; consider lunch specialty catering
Lunch – late night
Purchase Price: $280,000
15% Buyer Down Payment: $42,000
15% Seller Financing: $42,000
70% Bank Loan: $196,000
A 15% down payment of $42,000 returns $50,219 in the first year after debt payments!
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