Landmark Italian Restaurant in Prime location

ASKING PRICE:
$3,250,000

LOCATION: GTA

LISTING DETAILS:

LISTING ID: 3714

TYPE OF SALE: Established Business

MLS CODE:

RELOCATABLE:

INDUSTRY: Restaurants/Food

REASON FOR SALE: Retirement

TRAINING & SUPPORT: Yes – structured handover offered

ABSENTEE OWNER:

DESCRIPTION:

This is a unique opportunity to acquire a well-established Italian restaurant located in the heart of downtown Toronto. With a rich history of serving authentic Italian cuisine, this restaurant has built a loyal customer base and earned a stellar reputation for exceptional food and service.

The restaurant offers a diverse menu featuring traditional Italian dishes made from high-quality ingredients. Its elegant dining space provides a warm and inviting atmosphere, making it a popular choice for both business lunches and intimate dinners.

The business benefits from a dedicated staff that ensures smooth day-to-day operations. The prime downtown location attracts both local patrons and visitors, contributing to a steady stream of business. This turnkey business presents a prime opportunity for investors or restaurateurs seeking to own a profitable, established establishment in a highly sought-after location. Listing ID:3714

COMPANY INFORMATION:

FRANCHISE: No

MONTHLY RENT: $29,825

FINANCIAL INFORMATION:

GROSS REVENUE: $3,758,290

SDE: $703,608

EBITDA: N/A

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DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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