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Multi-Faceted Restaurant In West Greater Toronto Area For Sale

West of Greater Toronto Area, Ontario, Canada
Asking Price:
$3,200,000 (CAD)
Sales Revenue:
$6,377,144 (CAD)
Cash Flow:
$1,017,464 (CAD)

They always keep it real. With real ingredients locally sourced from friends around the region—always fresh, never frozen. Well known for customer service. Combination full service 150+ seat restaurant with a 60+ seat patio combined with a stand alone upscale coffee shop make this a destination spot for anyone who is hungry or thirsty.

Property Information

Real Estate:

Lease

Lease Terms:

Lease terms are favourable

Leasehold Rent:

$500,000 (CAD) per annum

Location:

Sits within a very busy office tower without the capacity of 60,000 people who work there, Since covid the numbers of attendees has gone down but its starting to climb again.

Premises Details:

7,000 square feet - includes, restaurant, kitchen, coffee shop - does not include the patio

Business Operation

Expansion Potential:

The CIM indicates many strategies to scale the business

Competition / Market:

The restaurant space is crowded unless you stand alone with a quality offering and unique differentiator

Reasons for selling:

Pursuing other business opportunities

Trading hours:

Sunday - Thursday 11am - 9pm
Friday & Saturday 11am - 10pm

Employees:
30+
Years established:
2018

Other Information

Support & training:

There is a complete and well trained management team in place. The owner will provide transition support

Furniture / Fixtures value:
$400,000 (CAD)