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Existing Cash Flowing Restaurant In Greater Toronto Area For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$750,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$200,000 (CAD)

With sales pushing over a million for the first year in business. This high volume cash flowing corporate store is now for sale inside the Greater Toronto market.

Price $750k and owner is set to net $200k in profit this year with sales averaging $80,000 a month consistently.

Rent is long term with 9 years left and two 5 year options.

Total all rent per month is $10,500 and is situated in a prime time high traffic location in North York next to starbucks. This restaurant chain does takeout and delivery and is a fast casual operation that also does a high amount of catering.

One will need to have $300k down to qualify for the small business loan and must be experienced or have the ability to show that one can run this successful location. As the franchise is very specific on who takes over this prime time location.

Inquire for more details.

Property Information

Real Estate:

Lease

Lease Terms:

9 years plus two 5 year options

Leasehold Rent:

$10,500 (CAD) per annum

Location:

North York prime location

Premises Details:

1800 square feet

Business Operation

Expansion Potential:

Excellent opportunity to own several locations if one proves to be a great operator.

Competition / Market:

None in this market

Reasons for selling:

Corporate store and is franchising this cash flowing corporate store to the right fit franchise partner.

Trading hours:

Inquire for more details

Years established:
2015

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Inquire for more details

Other Information

Support & training:

Excellent local support to it's franchise partners as the office is based in Toronto and founders are in Toronto as well.

Financing available:

Yes can assist with the small business loan and one needs to have $300k down to qualify.

Contact Top Shelf Franchising

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