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Charming Wine Bar in Central Location
Sold
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Listing details
Sold As listed until it sold, kept for reference.
Revenue (TTM)Revenue (TTM)Total sales over the last twelve months, before any costs or expenses are taken out. It is not profit. Glossary entry
$1M CAD
Cash flow (SDE)Cash flow (SDE)Seller’s Discretionary Earnings: the profit of an owner-operated business before the owner’s pay and benefits, one-time costs and non-cash expenses. It shows what a working owner could take from the business. Glossary entry
$255K CAD
Figures as reported by the seller. What is SDE?
Highlights
- Established in 2019
About this business
As the seller described it while it was for sale.
This is a fantastic opportunity to own a prominent, well-established wine bar located in a bustling and vibrant Toronto neighborhood. This cozy and intimate establishment offers a curated selection of wines and a rotating, seasonal menu of thoughtfully crafted small plates, creating a unique and inviting atmosphere for patrons.
The business operates from an aesthetically pleasing space, featuring a charming back patio. The restaurant has garnered an extremely strong loyal clientele, drawn by its distinctive offerings and warm ambiance.
With a strong community presence and a dedicated customer base, this restaurant presents significant growth potential. Opportunities exist to expand marketing efforts, increase private event bookings, and enhance service offerings to further capitalize on the growing demand for unique dining experiences in the city.
Ideal for entrepreneurs or investors seeking to enter the thriving hospitality industry, this business offers a solid foundation and ample room for expansion. Listing ID: 3706
The owner answers
As the owner answered while it was for sale.
- Why are you selling?
- Retirement.
Business details
| Detail | Information |
|---|---|
| Company name | Charming Wine Bar in Central Location |
| Business model | Traditional |
| Legal body | Incorporated |
| Established in | 2019 |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | No |
| Reference # | 3706 |
| % of business selling | 100% |
Premises
| Detail | Information |
|---|---|
| Property | Land and building not included in the sale |
Buyer requirements
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Location
Mississauga, ON, Canada
Listed by
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