Cafe / Bar / Restaurant For Sale
Location:
Canada
->
Ontario
->
Toronto
Industry: Food and Beverage > Other Food and Beverage
Business Summary
Cafe / Bar / Restaurant for sale in the heart of Kensington market in the historical Kensington district in Toronto.
Brand new kitchen, 2 pizza ovens, fryer, range, walkin cooler, all facilities up to code.
Indoor/outdoor liqour licenses, garage door opens up to the best sunlit patio in the city! Right across from the busy park, close to the hospital, schools and government offices.
Brand new cappuccino maker and matching grinder (semi automatic). Custom made bar. Brand new bathrooms on main level, cleanest in the city!
Large unfinished basement (property is 1,500 sq main floor with same space in basement). Small back yard patio for VIP.
Has been host to many bands, battle of the bands, art shows, photo shoots, movie shoots, music and commercial shoots. Poetry readings etc.
Great reputation, best sangria in the city! Fantastic regular/local customers.
Great sales, potential for much higher sales but the owner is unwell and wants to go back to the home country.
Asking price $250,000
Email or call 416 725 0693
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$175,000
Cash Flow:
$118,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $150,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2008
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Yes.
Reason For Selling: Owner is sick and needs to go back home.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 700110533
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