Welcome to Dorchester, located 2 mins to the 401 and 10 minutes to London. The Mill Pond Tap and Grill is not only the busiest restaurant in Dorchester but is also at the heart of the community. Located on the main stree...
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Welcome to Dorchester, located 2 mins to the 401 and 10 minutes to London. The Mill Pond Tap and Grill is not only the busiest restaurant in Dorchester but is also at the heart of the community. Located on the main stree...
Asking Price : $249,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Preview The Online Presentation. Call For An Onsite Walkabout. You Will Be Impressed.The Historic Clock Tower Inn, Bistro and Pub Has Come To The Market. One of Strathroys Downtown Land Mark Businesses and Building An El...
Asking Price : $799,990
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to this outstanding opportunity to create your own restaurant concept in Northeast Strathroy.This is located in close proximity to Circle K, Tim Hortons, Dollarama, Food Basics in a very busy plaza at the corner ...
Asking Price : $189,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Hero Certified Burgers Franchise Business Well Established In Very Busy and High Traffic Area at the Corner Of Oxford St West/ Wonderland Rd in London Ontario Surrounded By Large Commercial & Costco & Wonderland & Univer...
Asking Price : $249,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,300
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Well-Established Asian Restaurant. Prime Location: Highbury Ave S & Commissioners Rd E, Provide service of take-away, delivery and catering. Including all the kitchen equipment. Key Details: Size: 1,227 sq.ft. Smartly d...
Asking Price : $139,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,227
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Franchised Hi Yogurt Downtown London,ON is For Sale. Located at downtown core on Dundas street with the spacious 1000 sqft Main floor and next doors to Mr.Sub and Popeyes restaurants, easy parking and surrounded by other...
Asking Price : $220,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Unbeatable Downtown Location! Renowned and Established Franchise** Turnkey Opportunity** Nestled in the bustling heart of downtown London, this bar & grill draws a crowd from all corners, offering a prime location that e...
Asking Price : N/A
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 3,500
Monthly Rent/Sq. Ft. : $1
Lease: # Years 0 # Renewals 0
Opportunity To Own A Profitable *Freshii* Franchise Located On A High Traffic Intersection In The City Of St Thomas. Surrounded By Commercial & Residential Area With Anchor Tenants. Turn Key Operation, Well Established, ...
Asking Price : $199,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,080
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Own an amazing Pita Pit franchise in the heart of Wellington North, With a growing brand and a growing Arthur, the recipe for success is here! Looking for more energetic and ambitious buyer that wants to purchase this am...
Asking Price : $389,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Excellent Franchised DoughBox Wood Fired Pizza & Pasta Business in London, ON is For Sale. Located at the intersection of Sunningdale Rd E/Adelaide St N. Surrounded by Fully Residential Neighborhood, Close to YMCA and Ma...
Asking Price : $625,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,165
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Here's your opportunity to own a successful Restaurant in the heart of Byron Village!, The Sweet Onion Bistro is a well-known, welcoming restaurant and pub with over 3,500sf and 1,300sf patio space. The business is licen...
Asking Price : $229,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Aria Pizza, Prime Pizzeria Destination in South London, Ontario. Located in a bustling plaza near Southdale Rd and Wellington Rd, this well-established pizzeria offers ample parking and excellent visibility.This thriving...
Asking Price : $159,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Excellent Opportunity To Own A Profitable Non-Franchise Pizzeria In A Busy neighborhood. Exclusive Pizza Store In A Busy Plaza With Convenience store, Nail Salon, Close To Major highway, Summerside Shopping Centre, Sport...
Asking Price : $299,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,190
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Discover the opportunity to flavour your future with entrepreneurship in London, Ontario, one of Canada's many diverse culinary scenes. With its booming population and vibrant foodie culture, this city is the perfect place for entrepreneurs searching for restaurants for sale in London, Ontario.
Restaurants in London are as varied as its people. Mixing Canadian standards with world foods, they cater to everyone's tastes. This mix enhances the food journey for locals and tourists. It presents a fun challenge for restaurant owners.
London's economy is stable, growing, and varied. This makes it an excellent opportunity for restaurant investors.
Support for Small Businesses: The city offers a supportive environment for small businesses, including restaurants, with various initiatives to promote growth.
London's vibrant restaurant environment remains growth-focused and robust, making it a profitable area for potential investors.
Innovative Trends: Embracing food trends and innovations has become a hallmark of London's restaurant scene.
The variety in London's restaurant landscape opens up many options to cater to the varying business dreams and foodie delights.
Casual dining establishments in London offer a relaxed atmosphere with a broad appeal, often featuring:
Diverse menus catering to a wide audience
Family-friendly settings
Moderate pricing, ensuring a steady customer base
Fast food restaurants, known for their convenience and quick service, are popular in London due to:
High customer turnover rates
Simplified menus for operational efficiency
Strategic locations contribute to great location advantages
Fine dining restaurants in London are characterized by their:
Exclusive menus featuring high-quality ingredients
Elegant ambiance and superior customer service
Higher price points reflect the premium dining experience
Ethnic cuisine restaurants offer a taste of global flavours, marked by:
Authentic menus representing various cultures
Growing popularity among locals and tourists alike
Unique dining experiences differentiating them from mainstream options
Selecting the right restaurant for purchase in London requires careful consideration of personal goals, market potential, and location.
It's crucial to align your culinary interests and skills with the type of restaurant you choose. This ensures passion and expertise in your business venture.
Understanding London's market dynamics and competitor landscape is key. It helps identify high-potential niches and areas oversaturated with similar offerings.
The success of a restaurant in London often hinges on its location. Factors to consider include:
Visibility and accessibility
Proximity to high-traffic areas or landmarks
The condition and layout of the restaurant facilities
For more insights on smaller establishments, consider exploring this detailed guide on small restaurants for sale in London, Ontario.
Exploring restaurants for sale in London, Ontario means going through key steps. These steps can help you successfully buy and dive into the restaurant business.
The first step is to find possible sellers. It’s not just searching; you must understand the market and what it offers. Networking is an excellent tool. Many sales happen through conversation or professional contacts. Online ads and real estate platforms can be useful. But, you need to filter out the good opportunities from the bad. Talking with a real estate agent in your area specializing in restaurants can show unlisted options and give market insight.
Valuing a restaurant is complex. You need a solid understanding of finances and the hospitality industry. It’s not just looking at a balance sheet; you need to grasp the real value of the business. Important aspects to think about are:
Historical sales and profit margins.
The value of physical assets like kitchen equipment and furnishings.
Intangible assets such as brand reputation, customer loyalty, and location.
A good appraisal needs a careful study of the restaurant's financial factors. Think about cash flow, debt, income trends, and the growth prospect. Getting help from a finance professional in restaurant sales is good to ensure an all-around appraisal.
Finalizing the deal involves a myriad of legal and financial considerations. This phase is where attention to detail and due diligence come to the forefront. It involves:
Professional advice from legal and financial experts is crucial at this stage to navigate the transaction's complexities and protect your interests.
Restaurant sale prices in London, Ontario, get shaped by various aspects, each with a big say in fixing the market rate.
The economy is a big driving force behind restaurant valuations. Local and national economic scenes, how people spend, and the hospitality sector's overall shape carry weight in restaurant sales and earnings. This influences their market values.
The saying "location, location, location" holds in the restaurant business. A top-notch place can demand a super price, especially if it's a zone with many people or a favoured dining hotspot. Likewise, competition around the place sways value. A one-of-its-kind restaurant with few rivals may call for a higher price than one in a market full of similar ones.
The type of restaurant — whether it's a casual eatery, a fine dining establishment, a popular restaurant chain, or an ethnic cuisine spot — greatly affects its sale price. Profitability, determined by factors like customer base, menu appeal, and operational efficiency, is a key consideration for buyers.
Passion for food isn't enough to run a restaurant successfully in London. You need a mixture of resources.
Money management is make-or-break in restaurant land. This covers planning, cash monitoring, and understanding the money figures important to a prosperous restaurant. Future owners have to be prepared for start-up expenses and ongoing costs.
The right crew can make a restaurant fly high. This counts in everyone, from kitchen superstars and servers to the managers. Staff training, keeping your stars happy and creating a great work vibe are all key.
This digital era demands smart marketing—ways to do this include online marketing tactics, social media visibility, and local community involvement. Building a strong brand and a dedicated customer following are as vital as tasty food.
For a broader perspective on available opportunities, explore the diverse range of options at restaurants for sale in Ontario and delve into unique culinary ventures at other ethnic restaurants for sale in London, Ontario.
Launching a restaurant business in London, Ontario, is thrilling, but it has its hurdles. Tackling these difficulties skillfully is vital to make a prosperous restaurant.
Getting sufficient funds is usually the first big obstacle. A strong business proposal is vital to appeal to investors or get loans. Examining all funding avenues, like bank loans, investor partnerships, or government grants, is important. For people interested in restaurants for sale in London, Ontario, it's key to correctly calculate the needed investment and keep a reserve for unexpected costs.
Any prosperous restaurant's driving force is its employees. It's challenging to find skilled and dependable staff; holding onto them is just as important. Providing competitive salaries, a supportive work atmosphere and advancement opportunities can draw and keep good staff. Routine training and team-building activities also add to a strong team spirit.
Respecting food safety rules and standards is mandatory. Knowing and following local health codes and food safety rules is vital for the clients' health and the restaurant's good name. Routine staff training and regular checks help uphold high food safety and cleanliness standards.
Location is a critical factor in the restaurant industry. Some top locations in London, Ontario, include:
With its bustling streets and diverse demographic, Downtown London offers a great location for various restaurant concepts. The area's high foot traffic and proximity to business districts and entertainment venues make it an ideal spot for a new restaurant venture.
North London is known for its affluent neighbourhoods and a population that appreciates fine dining and unique culinary experiences. This area presents an excellent opportunity for upscale or specialty restaurants.
With its growing communities and commercial developments, South London is a promising area for family-friendly restaurants or fast-casual dining concepts. The region's demographic diversity also opens up opportunities for ethnic cuisine restaurants.
For potential buyers, understanding the local market, securing the right location, and overcoming operational challenges are key to success in the restaurant industry in London, Ontario. Remember:
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Certainly, the acquisition of a restaurant in this region mandates a set of specific legal documents. These include a Declaration of Compliance with the Health Protection and Promotion Act, securing a liquor license if the establishment serves alcohol, and ensuring there is documentation that verifies the restaurant is up to code with all building, fire, and safety regulations.
Seeking out potential restaurant purchases can be done through various channels, such as online commercial real estate listings, perusing local classifieds, or connecting with real estate agents who focus on commercial properties within the area. Optimize your search by using targeted keywords like "London Ontario restaurant for sale" to filter through listings.
Indeed, the price tag on the listing is just the beginning. Expect additional expenses such as legal fees, costs to stock up the inventory, any necessary renovations, fees associated with licensing and permits, insurance premiums, and utilities. If you maintain the current workforce, you'll also need to consider their salaries.
Entering the restaurant market of London, Ontario, is possible even without a background in food service, but having some industry insights could be beneficial. While not a prerequisite, experience or knowledge of the food industry can greatly assist in managing and growing your new business venture.
Selecting the right location is paramount for restaurant success. When evaluating potential spots, consider foot traffic, parking availability, visibility, and proximity to other businesses and attractions. Research the dining habits of the local population, area demographics, and potential competition. A location that aligns with your target market and business model can significantly enhance your restaurant's opportunity for growth and profitability.
https://lfpress.com/news/local-news/phenomenally-high-londons-population-boom-continued-in-2022
https://lfpress.com/news/local-news/phenomenally-high-londons-population-boom-continued-in-2022
https://www.foodsafety.ca/laws-requirements/by-location/ontario
https://www.restaurant-website-builder.com/challenges-faced-by-restaurants
There are many great Restaurants for sale in London, Ontario, but some of the top-rated options include Pub at Dorchester , Pub at Frank and Quick Service Restaurant at FRONT .
Yes, there are currently some interesting offers available for Restaurants for sale in London, Ontario. Check out the following links for more details:
Pub at Dorchester , Pub at Frank and Quick Service Restaurant at FRONT .
The average price is around $288,360. However, prices can vary depending on factors such as location, size, and amenities.
If you're interested in Restaurants for sale in London, Ontario, be sure to click the link above to see all available offers and find your dream. Don't miss out on these amazing deals!
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