Caribbean Restaurant – Prime Toronto Location-Motivated Seller
Business Description
***JUST REDUCED PRICE FOR A QUICK SALE***
An excellent opportunity to acquire a fully equipped Caribbean restaurant in a high-traffic area of Toronto! Their direct neighbor is Tim Hortons. WineRack, First Choice Haircut. A very high traffic area where there will bo two more residential building is under construction.The seller is motivated and ready to do a quick asset sale. You can continue the same or change the menu for either franchise QSR or dine -in.
approximately 800 sq/ft is subleased for $4500 a month till April 2029.
According to the seller, they have spend of 300k two years back.
An excellent opportunity to acquire a fully equipped Caribbean restaurant in a high-traffic area of Toronto! Their direct neighbor is Tim Hortons. WineRack, First Choice Haircut. A very high traffic area where there will bo two more residential building is under construction.The seller is motivated and ready to do a quick asset sale. You can continue the same or change the menu for either franchise QSR or dine -in.
approximately 800 sq/ft is subleased for $4500 a month till April 2029.
According to the seller, they have spend of 300k two years back.
About the Business
- Years in Operation
- 3
- Employees
- 2
- Facilities & Assets
- All equipments in the Kitchen and outside.
- Market Outlook / Competition
- Not much compitition
- Opportunities for Growth
- There is big growth opportunity to make this location a money making endeavor. You can convert this to a franchise restaurant or make your own by changing the menu. There are two more building under construction totaling approx. 700 to 1000 units
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,786
- Rent
- $11,700.00 per month
- Lease Expiration
- 4/30/2029
About the Sale
- Seller Motivation
- Seller is exhausted and retiring
- Transition Support
- for two weeks
Listing Info
- ID
- 2329280
- Listing Views
- 1657
Listing ID: 2329280 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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