• Property ID: 1672
  • Post Updated: 2021-06-17 12:42:09
  • Status:
  • Industry: Restaurant / Bar
  • Location: Toronto
  • SDE: $278,000

Description

33-year-old well-established and profitable business. The current owner has owned it for the past 10 years! Food court location in the heart of downtown Toronto. Approx. 70-75% of the business is Corporate Catering with a recurring client base and the rest is a retail walk in and take out. All the revenue comes from word of mouth with zero advertising & marketing expenses. Current catering is limited to the downtown core but has the potential to expand due to high demand. Most of the customers are within walking distance. Easy to operate as Head Chef and key staff operates the business. This Business retail operates 10 am – 5 pm weekdays ONLY and closed for all Public holidays, can add breakfast since staff starts earlier for catering. The current owners will train for a smooth transition. The new lease starts in July 2020 and will be relocated closeby. This opportunity will not last, call now for more details!

Extras: All Furniture, Chattels & Equipment Included In The Price. Financing Can Be Arranged For The Right Candidate – Inventory Extra.

  • Inventoy: Extra
  • MLS Code: Exclusive
  • Type of sale: Asset/Share
  • Reason for sale: Personal
  • Training & support: Yes

Features

Features:
  • Food

Company Information

  • Year Established: 1986
  • Days & Hours of Operation: Mon-Fri 10am-6pm | Sat 11am-5pm
  • Square Footage:: 560 sq ft

Financial Information

  • Gross Revenue: $1,240,000
  • FFE Included: Yes

Disclaimer

  • Disclaimer: The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

Turnkey Business for Sale