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The only Canadian location of this internationally branded company is available for sale in the heart of downtown Toronto. The eatery specializes in providing fresh, daily prepared, European inspired cuisine, from breakfast to lunch. Located in one of the most sought after locations in Toronto’s downtown core; customers are very reliable and guarantee a sustainable level of traffic year round. The diversity in its product offerings has helped establish recurring revenue from this customer base.
This is a great opportunity for an owner/operator with a food services background looking for a prospect that provides excellent options to grow both the top and bottom-lines of an existing business. The opportunity to increase its presence within its current location, while further achieving economies of scale is available. The key leverage point for a purchaser is the turn-key operation combined with a stable client base, and opportunities for expansion.
Training and an agreed upon transitional period will be provided by the owner. An operations team is in place, allowing for ownership to be uninvolved in the day to day operation of the business. A 53% stake in the company is available for outright purchase.
Asking Price: Available Upon Request
Revenue (2018 Estimate): $ 1,000,000
Gross Profit (2018 Estimate) $ 670,000
Normalized SDE (2018 Estimate): $157,000
FF&E (2017 Book Value): $ 450,000
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