Listing Number: 3301-735615
Description
A very popular Middle Eastern food outlet in an upscale market area. This alternative fastfood has been very successful over the years, primarily due to its quality of food and variety of dishes. It serves a full range of traditional Lebanese cuisine. It specializes in Middle Eastern fare that has become increasingly popular for its flavors and nutritious value.
Strategic location: The outlet is located in a prime location with a heavy footfall and as a result is "always" busy. It works well as a snack as well as a quick takeaway or even a hearty sitdown meal.
Strong financial performance: This business has strong fundamentals and has been profitable even during the pandemic, despite severe restrictions. It uses a back-end system that allows users to manage all orders online, including order tracking and payment collection.
Additional revenue stream: The food outlet also undertakes outside catering on a regular basis.
Growth potential: A new ultra-luxury multi-storied mixed-use residential tower, currently under construction, will connect to the restaurant area that should further boost traffic to the restaurant and thus representing additional growth potential.
CIM will be made available only to qualified buyers with an executed NDA and completed buyer profile form.
Listing Details
- Price: $430,000
- Down Payment: --
- Sellers Discretionary Earnings: $235,980
- Total Sales: $626,818
- Location: Toronto, Ontario
- Inventory: $0
- FF&E: $0
- Employees:
- Reason for Selling: Owner wants to retire
- Category: Food Business Retail
