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Restaurant Business For Sale in Toronto, ON (Listing ID: 2068)

Restaurant
SOLD
More From Seller (0)
Annual Return On Equity Calculator

Annual Earnings:

$350,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Restaurant
SOLD

Selling Restaurant at Yonge and Dundas

Located at the heart of downtown Toronto near Yonge and Dundas, this restaurant comes with all the necessary equipment, Garland flat grill, cold table/ fridge/ stainless steel tables, fridges, cookware, freezer, sink, shelves. The restaurant has upgraded electricity and everything one needs. Very clean and well-kept restaurant. Very affordable rent and extremely low maintenance costs.

The address is 335 Yonge Street, right in front of Ryerson University, and near the busiest intersection of downtown Toronto.

Current business is a vegan restaurant, was able to gain extremely popularity in just one year becoming the top 20 vegan restaurants in Toronto.

Averaging sales of $1500 per day on peak season. Rent is only $3300 tax utilities ($250)

Only asking for a minimum of $15,000. Other buyers are looking already. The highest bidder will get the restaurant. Kitchen size 150 sqft Seating space 3000 sqft (shared with other vendors)

Lease starting April 1st to October 1st (6 months) and then month to month afterwards till however long you want to stay. May start early in March anytime if you negotiate. ACT FAST and message me. Going soon. Less

$15,000 CAD

Toronto, ON Restaurant Business For Sale Details

Independent

Company Name:

Vegan Bear

Legal Body:

Incorporated

Established In:

2019

Last Year of Completed Statements

2020

Gross Revenue:

$ 350,000

Annual Earnings:

$ 350,000

Land/Building Included:

Yes

Rent/Lease Amount:

$ 3,000

% of Business Selling:

100%

Reason for Sale:

Partnership or Investor Wanted

Financing Available:

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Buyer's networth must be greater than $15,000.00

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