Priced $390,000. Highly profitable trendy European fine cuisine restaurant in a very busy street in Toronto. This is an established restaurant with a steady flow of loyal customers. Sales and profits have been growing steadily and owner benefits reached $200,000 thanks to the growing trend for this unique cuisine in Toronto and the authentic interior design and strategic marketing.
Owners have recently invested an additional $150,000 in leasehold improvements adding more dining space in a new casual dining area to diversify revenue stream, which has dramatically increased income. They have been advertising through different channels such as Internet and social media marketing as well as participation to cultural events.
This is a unique opportunity for an entrepreneurial buyer interested a steady income stream as well as the high growth potential in reaping the reward from the return on the investment in the new extension.