EN
Canada CA
CAD $

Italian Restaurant In Greater Montreal Area For Sale

Greater Montreal, Quebec, Canada, ID 148399

Italian Restaurant In Greater Montreal Area For Sale 1
Italian Restaurant In Greater Montreal Area For Sale 1
Asking price:
CAD$495 000
Net profit (per year):$19 000 cad
Cash Flow (per year): $297 269 cad
Sales Revenue: $909 524 cad
Owner
Owner's representative

Сontact with me Owner's representative

Description

Business type: restaurant

Location: Greater Montreal, South Shore

Current status: established operating business

Financial information

Financial history period: 3 years

Average annual sales: approximately $750,000

Average EBITDA: approximately $23,500

Average seller discretionary earnings: approximately $133,500

Average net profit: approximately $19,000

Financial figures: blended historical averages

Operations

Restaurant setup: turnkey

Kitchen: fully equipped

Dining room: fully equipped

Operating history: established

Customer flow: steady

Restaurant layout: efficient

Customers

Customer base: established

Repeat customers: established

Neighbourhood clientele: loyal

Location

Trading area: high-traffic South Shore location

Visibility: strong

Local market presence: established

Concept options

Current restaurant concept: can be retained

Concept repositioning: possible

Expansion options

  • Improve cost control
  • Review pricing strategy
  • Improve menu margins
  • Increase local marketing
  • Improve operational efficiency
  • Reposition the restaurant concept

Seller financing

Seller financing: available

Maximum seller financing: up to 50%

Excluded items

Wine inventory: excluded from the asking price

Wine inventory quantity: approximately 4,000 to 5,000 bottles

Wine inventory purchase: separately negotiable

Potential buyers

  • Owner-operators
  • Experienced restaurateurs
  • Chef-entrepreneurs
  • Hospitality professionals
  • Investors working with an operating partner

Buyer requirements

Confidentiality agreement: required

Additional information: available after confidentiality agreement

Details

Real Estate: Lease
Equipment cost: 211 000
Employees (ppl): 6
Reason for selling: Retirement
Square m2: 310
Asking price: 495 000 cad
Net profit (per year): 19 000 cad
Cash Flow (per year): 297 269 cad
Sales Revenue: 909 524 cad
Rent (per year): 75 000 cad

Similar businesses

Create Your Account

Welcome back!

Enter your email address

Create a new password

Choose your language
Choose your сurrency