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Landmark Italian Restaurant In Prime Location For Sale

Canada, Ontario, Canada
Asking Price:
$3,250,000 (CAD)
Sales Revenue:
$3,758,290 (CAD)
Cash Flow:
$703,608 (CAD)

This is a unique opportunity to acquire a well-established Italian restaurant located in the heart of downtown Toronto. With a rich history of serving authentic Italian cuisine, this restaurant has built a loyal customer base and earned a stellar reputation for exceptional food and service.

The restaurant offers a diverse menu featuring traditional Italian dishes made from high-quality ingredients. Its elegant dining space provides a warm and inviting atmosphere, making it a popular choice for both business lunches and intimate dinners.

The business benefits from a dedicated staff that ensures smooth day-to-day operations. The prime downtown location attracts both local patrons and visitors, contributing to a steady stream of business. This turnkey business presents a prime opportunity for investors or restaurateurs seeking to own a profitable, established establishment in a highly sought-after location.

Property Information

Real Estate:

Lease

Leasehold Rent:

$29,825 (CAD) per annum

Business Operation

Reasons for selling:

Retirement

Other Information

Support & training:

Yes – structured handover offered