The Restaurant Category is one of the business categories with the highest number of business purchase and sale transactions. Thousands of restaurants change hands in large cities in North America including The Greater Toronto Are (GTA).

The restaurant industry is very mature with very little growth. A large number of people starting new restaurants from scratch fail in the very first years of activity. This is manly because it is a very competitive industry and most new restaurants offer very little differentiation to customers. Purchasing an existing restaurant is currently the most effective way be be successful in the restaurant business. Existing restaurants have already an established customer base. A profitable restaurants makes money from day one and entails very little risk compared a new restaurant.

Moreover, the purchase of an established restaurant very frequently costs less that the launch of a new one, not only because new equipment and leasehold improvements can cost a fortune but also because paying a lease from a new restaurant until it breaks even can be extremely expensive.