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Iconic Michelin-recognized Restaurant In Downtown Montréal For Sale

Montreal, Quebec, Canada, ID 149008

Iconic Michelin-recognized Restaurant In Downtown Montréal For Sale 1
Iconic Michelin-recognized Restaurant In Downtown Montréal For Sale 1
Asking price:
CAD$1 985 000
Cash Flow (per year): $577 702 cad
Sales Revenue: $5 000 000 cad
Owner
Owner's representative

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Description

Business type: French fine dining restaurant

Location: downtown Montreal, Quebec

Trading history: more than 20 years

Current status: established operating business

Concept

Cuisine: French

Dining format: contemporary fine dining

Chef leadership: established

Service positioning: upscale

Financial information

2024 annual sales: more than $5,400,000

Revenue trend from 2022 to 2024: growing

EBITDA performance: reported as strong

Seller discretionary earnings: reported as consistent over the past 3 years

Premises

Premises size: 8,041 sq. ft.

Recent renovations: completed

Interior design: contemporary

Premium finishes: in place

Location

Trading area: prime downtown district

Pedestrian traffic: high

Vehicle traffic: high

Corporate presence nearby: strong

Residential density nearby: high

Visibility: high

Customers

  • Tourists
  • Corporate clients
  • Local residents

Customer flow: consistent

Recognition

America’s Best Restaurant and Bar Design Award: received

Worldwide restaurant ranking: stated as Top 10

Les Grandes Tables du Monde: featured

Relais & Châteaux: featured

Canadian restaurant recognition: established

Operations

Operating setup: turnkey

Management team: experienced

Service team: experienced

Hospitality systems: established

Alternative concepts

  • Steakhouse
  • Italian fine dining restaurant
  • Other premium restaurant concept

Concept conversion: possible

Potential buyers

  • Hospitality groups
  • Restaurant investors
  • Fine dining operators
  • Flagship restaurant buyers
  • Experienced restaurateurs

Further information

Sale process: confidential

Additional information: available upon inquiry

Details

Real Estate: Lease
Equipment cost: 600 000
Employees (ppl): 45
Support from seller: Consultancy available
Square m2: 748
Asking price: 1 985 000 cad
Cash Flow (per year): 577 702 cad
Sales Revenue: 5 000 000 cad
Rent (per year): 578 952 cad

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