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Koryo Korean BBQ Restaurant In Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
$200,000 (CAD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Koryo is a premium Korean BBQ brand specializes in BBQ Grill cooking. In the past decade, we have expanded horizontally and built locations all across Canada. Gladly, we are now being recognized by the general public as one of the healthiest foods with a unique concept.

With tantalizing tastes such as juicy BBQ Chicken, savory BBQ Beef dripping with delicious specialty sauces, and the famous Koryo Jumbo Combo featuring a mouth watering hunk of everything – you simply can’t resist the temptation! Since conception in 1998 many people including several distinguished food critics have had the opportunity to experience the sizzle of Korean fanfare at this dynamite new enterprise.

Our continuous menu innovations bring the Koryo concept to the next level. We not only stay true to the traditional tastes of the Korean cuisine, but we want to be creative. We introduce street foods, twisting our BBQs in sandwich form, the famous Korea Crispy Fried Chicken sandwich becomes another big seller to our offering.

You will not want to miss our Limited Time offers: Gamja Dog, Go Chu Jang Fries, Thunder Crunch Sandwich, and more!

Property Information

Real Estate:

Lease

Lease Terms:

Current Lease Expires: March 31 2027

Leasehold Rent:

$366,624 (CAD) per annum

Location:

Toronto Eaton Centre is a shopping mall and office complex in the downtown core of Toronto. It attracts more visitors than any of Toronto's tourist attractions because it sits on top of the main transit terminal in downtown Toronto. It is North America's busiest shopping mall when one counts the daily commuters along with tourist traffic. The mall has over 250 stores and restaurants anchored by Hudson’s Bay, Saks Fifth Avenue, Nordstrom and Best Buy.

The Toronto Eaton Centre's interior passages also form part of the Path underground pedestrian network, and the centre is served by two subway stations.

Koryo restaurant is located in food court among other national brands like: Thai Express, Villa Madina, McDonald’s, Jimmy the Greek, Mucho Burrito, KFC, Teriyaki Experience, Bourbon Street Grill, Tim Hortons, New York Fries, Sushi Q, Sbarro, A&W, Shanghai 360, etc.

Size in square feet:
394 SF approx

Business Operation

Employees:
3-4
Years established:
5 Years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Current Franchise Agreement Expires: March 31 2027

Other Information

Support & training:

The MTY training program involves both classroom and in-restaurant training delivered by experienced trainers. Full 4 weeks of Training is included in the price. In addition to franchisee training, our corporate field trainer comes to your restaurant to help you successfully open your location. Then, the Business Development Manager (BDM) will focus on planning sales building initiatives.

Our dedication does not end when you open the doors of your restaurant. We provide on-going communication, operational tools, job aids and Learning courses.

Additionally, your BDM provides on-going support with regular visits to your restaurant, and is committed to answering your questions and helping you run an efficient and profitable business.

These highly skilled professionals will become an important part of your business success. They will give you operational suggestions as well as opportunities and ideas to promote your business. We are committed to seeing you succeed. After all, our success is ultimately dependent on yours.

Financing available:

Up to 30% of total cost is available through Bank CSBFL, OAC

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