Priced $600,000. Very successful european style restaurant in a high traffic Toronto Downtown area. This restaurant has been able to attract tremendous attention in the media at very little cost thanks to its humanitarian social mission and its amazing dining experience. The mix of affordable prices, fine cuisine, unique dining experience, great location and free advertising translates into a very profitable restaurant.
The restaurant also benefits from recurring revenue from contracts with hospitality companies and hosts prestigious corporate events guarantying a high stability of income all over the year. The combination of high profitability, low fixed costs, guaranteed minimum income makes this a high-return, low-risk investment for a food passionate buyer believing in and capable of embracing the noble social mission of this restaurant.
Unlike most restaurant owners, the seller has been able to limit his time involvement in the restaurant to a maximum of 6 hours a day thanks to his capable manager on staff. This restaurant offers huge opportunities for growth through pursuing the hospitality/corporate market more aggressively.
This Business is Sold