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Popular And Profitable Middle Eastern Food Outlet For Sale

Toronto, Ontario, Canada
Asking Price:
$430,000 (CAD)
Sales Revenue:
$626,818 (CAD)
Cash Flow:
$235,980 (CAD)

A very popular Middle Eastern food outlet in an upscale market area. This alternative fast food has been very successful over the years, primarily due to its quality of food and variety of dishes. It serves a full range of traditional Lebanese cuisine. It specializes in Middle Eastern fare which has become increasingly popular for its flavors and nutritious value.

Strategic location: The outlet is located in a prime location with a heavy footfall and as a result is "always" busy. It works well as a snack as well as a quick takeaway or even a hearty sitdown meal.

Strong financial performance: This business has strong fundamentals and has been profitable even during the pandemic, despite severe restrictions. It uses a back-end system that allows users to manage all orders online, including order tracking and payment collection.

Additional revenue stream: The food outlet also undertakes outside catering regularly.

Growth potential: A new ultra-luxury multi-storied mixed-use residential tower, currently under construction, will connect to the restaurant area which should further boost traffic to the restaurant and generate additional growth potential.

CIM will be made available only to qualified buyers with an executed NDA and completed buyer profile form.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Other Information

Website:
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