$325,000
 
1208 Sq.Ft.
MLS® Number: A2259519

Business for Sale

Property Information

**LOCATION WITHHELD AT SELLER’S REQUEST**Well Established, Profitable Inner City Italian RestaurantHere is the perfect opportunity to acquire a long running, profitable inner city restaurant with a loyal following. This Italian style neighbourhood restaurant has been owned and operated by the same chef/owner for many years, earning a great reputation for casual evening dining or a special event destination and is regularly recommended by local dining guides.Why this is a strong buy* Consistent years of profitable operations* Proven profitability and straightforward operations: small footprint, modest staffing needs, and systems in place that suit an owner operator or investor looking for low overhead.* Solid reputation for classic, “made from scratch” Italian dishes (pasta, veal parm, calamari and house sauces are frequently singled out by diners).* It’s longstanding local presence is trusted by repeat patrons and positioned near high foot traffic inner city attractions (making it a dependable choice for both residents and visitors)* Very attractive lease terms relative to comparable inner city spaces (details available upon request).* Flexible format: Can be open for full dinner and lunch service, private event capability (small banquets/cocktails), established catering relationships.What guests say (market sentiment)* Frequently praised for authentic flavours, attentive service, and a warm, family run atmosphere.Key selling points are;* Turnkey kitchen and dining room with proven menus and supplier relationships.* Compact staff roster and straightforward operations make this an ideal purchase for an owner/operator or small management team.* Strong local awareness and regular weekend dinner bookings provide a solid base to continue to grow revenue with modest marketing or extended hours.Included with sale* Fixtures, fittings and kitchen equipment (list available on request)* Transferable vendor contacts and catering relationships* Financial summaries and rent/lease abstracts available to qualified buyersA full due diligence packet will be provided once a confidentiality agreement is in place, call to start the next steps! (id:50315)

Property Summary
Property Type

Business

Building Type

Storey

Community Name

Subdivision Name

Title

 

Land Size
1208Sq.Ft.
Built in
Annual Property Taxes
$
Parking Type
Published
83 days
Building
Bedrooms
Total
Below Grade
 
Bathrooms
Total
Partial
Interior Features
Appliances Included

Flooring

Basement Features

Basement Type

Building Features
Features

Foundation Type

Architectural Style

Construction Material

Floor Space
1208.00Sq.Ft.
Total Finished Area
1208.00Sq.Ft.
Structures
Heating & Cooling
Cooling
Fireplace
Heating Type
Exterior Features
Exterior Finish
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Total Parking Spaces
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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