Very Profitable restaurant for sale in Toronto
Well established restaurant since 1967. Excellent location in a very busy plaza on a very busy main avenue. The restaurant is located in an affluent neighborhood with high purchasing power. Clients are mostly very loyal wealthy seniors who love the food, the ambiance and the people who serve them.
The restaurant also benefits from huge traffic from a close-by very successful large high-end grocery chain retailer.The restaurant has also a large potential for increased sales and profits since large new condo developments are been launched in the area and will improve customer traffic in the region even more. The restaurant also receives students and faculty from a large and famous college only 2 minutes away. 9.5 years are remaining on the lease and an additional 5 years option could be negotiated. This is an excellent opportunity for a family or an entrepreneur with ideas to develop the menu and make some aesthetic improvements to take advantage of the obvious potential and increase sales and profits.