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Asking Price$550,000
Revenue$864,000 Established1985
Cash FlowUndisclosed EmployeesUndisclosed
FF&E$25,000* FranchiseNo
Inventory$12,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This award winning eatery, in a prime location within the Greater Toronto Area, offers all day breakfast to a growing recurring customer base. Menu items consist of traditional breakfast selections, such as eggs and toast, as well as lunch offerings. This allows the business to capture sales from morning to evening. Customers consist of local residents, nearby workers, passers-by or tourists, who look for high quality food and an excellent customer experience. Since the company started 20 years ago, it has quickly built a reputation as one of the best eateries in town, and sales have continued to grow.

As the owner approaches retirement, he is now looking to sell the entire business. It has 10 employees in kitchen and serving positions. They have accumulated a wealth of knowledge through their tenure with the business, with most employees having over 10 years of service. The ideal buyer will be someone who has knowledge of the food service industry and who is interested in becoming an independent owner of a well-run company. Based on the business’ strong financial performance and the development of the surrounding area, there is significant opportunity to continue growing sales by increasing marketing activities to enhance brand awareness.

Fixtures, Furniture & Equipment are as recorded on the 2016 books, and include all fixed assets of the business and leasehold improvements. Inventory is the value held on the books at year end 2016.

Asking Price: $649,000
Revenue (2016): $864,000
Inventory (2016): $12,000
FF&E (2016 Book Value): $25,000
Ad #98359
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