Award-winning Contemporary cuisine served in elegant setting

Listing Number: 10152021-791676

Description

Transworld presents a French cuisine restaurant that has delighted diners in downtown Montreal with award-winning contemporary cuisine served in an elegant setting for over 20 years. Under a renowned chef, the restaurant consistently earns accolades including being named Canada's Best Restaurant. Located in a recently updated 8,041 square foot space, the restaurant’s prime address caters seamlessly to tourists, business diners, and residents.

Growth Opportunities:

1) Expanded Hours: New owner could boost revenues by expanding operating hours into late night, adding a bar/lounge scene, and adding 2 more working days . The prime downtown location and proximity to main venues which drives a high traffic volume.

2) Takeout/Delivery: Expanding into takeout, delivery, and pre-made meals would allow the restaurant to reach new customers. This provides additional revenue streams while leveraging the existing kitchen.

3) Catering: The restaurant's award-winning cuisine could be leveraged for onsite catering to local businesses and event venues. The downtown corporate presence offers significant B2B catering opportunities.

3) Private Dining: The restaurant could market its mezzanine private dining space for corporate events, weddings, and private parties. This caters to the high-end demographic downtown.

4) Franchising: The restaurant's esteemed brand could be leveraged into a franchise model, opening new locations in affluent neighbourhoods and major Canadian cities.


Please note the following:

- The Leasehold Improvement done in 2019 cost: $2,590,172.

- The FF&E and Leasehold Improvements are in excellent condition.

- Inventory is not included in the price.

Listing Details

• Price: $2,195,000
• Down Payment: $2,195,000
• Sellers Discretionary Earnings: $401,513
• Total Sales: $4,602,928
• Location: Communauté-Urbaine-de-Montréal, Québec


• Inventory: $150,000
• FF&E: $608,340
• Employees: 45
• Reason for Selling: Relocation
• Category: Restaurants