Excellent Resturant For Sale - Downtown
Location:
Canada
->
Ontario
->
Toronto
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Restaurant for sale: asking $25,000. (Price reduced for quick sale). Place your offer now for an opportunity to start your own restaurant business. Approximately 35 seats. Fully equipment and functional kitchen. Full functional basement - currently used as party room. Lease is $2,500/month and $100/month for garbage disposal. Lease is inclusive of hydro, water and gas bill. Lease includes all furniture (except items purchased by the current owner i.e TV. stereo system, deep freezer - you do have an option to purchase). Located at (Intersection: Dundas Street W & Brock) Monthly belly dancing shows. Biweekly live karaoke. Steady clientele. Lots of potential. Located in a busy area with lots of walk ins
Menu:
Caribbean/ Canadian cuisines
e.g BBQ chicken
Chicken cipriane
Seafood platter
Curried chicken, duck, goat
Roti
Reason for selling, owner have two businesses and is unable to manage both businesses, restaurant business requires full time owner to ensure stocks and sales is correctly accounted for at the end of the day, people who have restaurant business will understand where I am coming from. Running a restaurant requires lots of long hours, hard work and dedication which the owner does not have time for, thus why he is selling.
Now is the time to invest in your own restaurant business, great deal and excellent location (downtown area) I am positively sure this restaurant have lots of potential to make money. This is a one of a kind deal. If you would like to see the restaurant the best time is late in the evening or best time weekend any time in the morning period. Please contact before to make an appointment. Thanks. Tel: 416 524 6987/ 416-809- 1712 or email for quick response
Financials
Asking Price Range: < $250K
Gross Revenues:
$96,000
Cash Flow:
$2
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2006
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700106904
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