Discover an irresistible opportunity in the heart of Scarborough! A thriving takeout restaurant awaits its next visionary owner, offering a tantalizing blend of flavors and a recipe for success. Nestled in a vibrant comm...
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Discover an irresistible opportunity in the heart of Scarborough! A thriving takeout restaurant awaits its next visionary owner, offering a tantalizing blend of flavors and a recipe for success. Nestled in a vibrant comm...
Asking Price : $269,999
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. : $7,025
Lease: # Years 0 # Renewals 0
Embark on a culinary adventure with this incredible Milestone franchise. Nestled in a prime location, this fully-equipped establishment is ready for a new owner to step in and continue its success. Location: Convenientl...
Asking Price : $2,000,000
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. : $18,000
Lease: # Years 0 # Renewals 0
Step into the world of sports-themed dining with this fantastic Shoeless Joe's franchise. Located in a prime spot, this fully-equipped establishment is ready for a new owner to take the helm and continue its success. Si...
Asking Price : $795,000
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. : $15,000
Lease: # Years 0 # Renewals 0
Exciting Business Opportunity: Turtle Jack's Franchise for Sale! ???? Overview: Dive into the restaurant business with this incredible Turtle Jack's franchise opportunity. Located in a bustling area, this fully equipp...
Asking Price : $950,000
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. : $17,000
Lease: # Years 0 # Renewals 0
Fantastic Business Opportunity: Boston Pizza Franchise for Sale! ???? Overview: Explore the exciting world of restaurant ownership with this thriving Boston Pizza franchise. Established in a prime location, this tu...
Asking Price : $595,000
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. : $13,000
Lease: # Years 0 # Renewals 0
Very good location amazing opportunity to open a restaurant. Its very close UFT University of Toronto behind the restaurant there is a residential area and lots of young generation. You shouldn't lose that opportunity to...
Asking Price : $60,000
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
GreatLocation!!Don'tmissoutonthisfantasticopportunityToOperateAwellestablishedJapaneserestaurantLotsOfOnline Orders And Loyal Clientele! Surrounded By Highly Populated Residential Condos and apartments. This Restaurant I...
Asking Price : $300,000
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) : 850
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Profitable Halal Restaurant is up for Sale in the sough after area of Vaughan. Prime location, very close to York University, Yorkville University and CB College. Busy area. Great opportunity to buy with or without Franc...
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) : 1,979
Monthly Rent/Sq. Ft. : $1
Lease: # Years 0 # Renewals 0
Looking to join a fabulous and expanding breakfast franchise in strong Toronto community? Look no further than Eggsmart located at Bloor & Ossington. With over 10 years in the business, this location is now available for...
Asking Price : $179,000
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) : 2,100
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Fantastic opportunity to take over a successfully run establishment and turn key operation. Perfectly laid out space for dine in or take out, fully equipped and ready for almost any style of cuisine. Ample park at the re...
Asking Price : $259,900
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) : 2,500
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Fantastic opportunity to own a Well Established Restaurant Freshii Food Franchise in a prime location Hwy-427 & QEW. Just opposite of the sherway gardens very busy plaza The seller will guide you through training and the...
Asking Price : $299,900
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
Amazing Established Business With Loyal Customers Located at the Corner of Burnhamthorpe & Martin Grove.Successfully Run As a Family Business.Easy Operation With Huge Potential. Large Area 1785 Sqf Main Floor Plus 1785 S...
Asking Price : $130,000
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
Location! Location! Location!Fantastic Turnkey Opportunity Located In High Demand Area.This Bubble Tea Cafe Lounge Was Set Up Brand New Just Less Than 3 Years With New Equipment. Boasting a meticulously maintained interi...
Asking Price : $299,998
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) : 840
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Location : Busiest Residential Right In Front of 4 High Rise Buildings and Gemini Condos of Castlebridge is Coming Across The Street. Cuisine : Setup Any Non-Competing Traditional Indian/Pakistani, Hakka, Pizza or Mexica...
Asking Price : $224,900
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) : 940
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Brand New Beautiful Restaurant in the heart Of Oakville. Capacity of 36 people, Very Low rent, 1890 Sq Feet. Whether For Dine in Or Take out. It's A kaijun chicken and seafood Skip the dishes, Uber eats, Doordash are ava...
Asking Price : $799,000
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) : 1,890
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to Parisco! A trendy community restaurant serving breakfast, lunch, dinner & cocktails. Located in a prime high traffic area, densely populated neighborhood in downtown Toronto. Surrounded by dozens of residentia...
Asking Price : $275,000
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) : 1,183
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
**CORNER OF SPADINA/DUNDAS, MAJOR PRIME INTERSACTION, FULLY NEW RENOVATION RESTAURANT BUSINESS FOR SALE, 60 SEATINGS, NEW EQUIPMENTS NEXT TO REXALL DRUG STORE, STREET CAR STOP RIGHT AT CORNER. EXTREMLY BUSY TRAFFIC AND G...
Asking Price : $288,000
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) : 1,847
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Very famous Indian and chinese hakka restaurant Surrounded By Long Established Businesses & Residential Neighborhoods. It boasts a well-equipped kitchen with 10ft Exhaust Hood, four burners, a deep fryer, and Tandoor (Tr...
Asking Price : $199,000
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) : 980
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Great opportunity to own a successful turn key franchise in one of Toronto's popular communities know as Bloor West Village.. Open 7 days a week. Great for an owner/operator. Business has been in this location since 2011...
Asking Price : $370,000
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) : 991
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
An eclectic bar and venue is now available for a new operator in the heart of Parkdale where Queen West meets Roncesvalles. This tastefully designed bar is licensed for 52 people with 30 inside and 22 on the. covered bac...
Asking Price : $135,000
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) : 1,862
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
The Appeal of Owning a Restaurant in Toronto
Toronto's dynamic energy spills over into its ever-changing restaurant scene. Owning a restaurant here offers unique advantages:
Diverse Clientele: Toronto's multicultural population brings an immense appetite for cuisines from around the world and open minds about adventurous new concepts.
Thriving Economy: A strong economic core provides a base of customers with the disposable income to enjoy regular dining experiences.
Tourism Hub: Tourists visiting this iconic city bring an added boost to local restaurants, from those seeking fine dining to trendy spots.
Toronto's culinary landscape is vast and complex. To truly find success as a restaurant owner, having a keen understanding of the market is essential. Consider these factors:
Neighborhood Trends: Neighborhoods vary greatly – from financial districts to artistic enclaves. Researching demographics and customer foot traffic patterns helps guide you towards locations well-suited to your chosen restaurant concept.
The Competition: What other restaurants are vying for diners in your price range and niche? A clear analysis helps you understand your competitors’ strengths and potential areas where you can offer a unique draw.
Emerging Trends: Toronto is a trendsetter! Identify popular cuisines, dining styles, dietary trends, and how they relate to your vision. Tapping into the pulse of the city’s taste will give you a distinct edge.
Venturing into restaurant ownership in Toronto is a fantastic opportunity! Navigating the process strategically ensures your journey starts off on the right foot. Whether you're a passionate chef or a seasoned entrepreneur, it's crucial to have a well-structured plan for finding a restaurant that matches your experience and goals.
Your vision forms the foundation of a solid restaurant search. Consider these factors:
Fine Dining to Casual Eats: Decide on the dining experience you want to create. Does your concept focus on multi-course gourmet dining or relaxed family-style service?
Culinary Focus: Toronto is diverse; consider traditional Canadian fare, and international niches like a Chinese restaurant, or explore plant-based concepts. If catering and events are your passions, discover specialized catering businesses for sale in Toronto that tap into established client networks and provide an immediate starting point for success.
Start From Scratch or Turn-Key Operation: Some owners thrive on fresh starts, transforming spaces into their perfect dining experiences. Others benefit from stepping into well-established existing restaurant concepts. Decide which format best fits your skills and ambitions.
Franchise vs. Independent: Franchises have recognizable names and built-in business models. Independent restaurant businesses, while riskier, can offer more creative freedom.
Size Matters: Whether a cozy café is your focus or a sprawling, larger footprint – be sure to match your selection to your budget and management style. Consider our wider market listings – sometimes your dream business fits the small restaurants for sale in Canada category:
A restaurant's profitability potential rests on thorough financial analysis. Look beyond purchase price alone:
Income & Expenses: Request extensive financial records highlighting revenues, operating costs, and recurring expenses like food/supply costs as well as staffing. Assess them over time to gain insights into profitability and consistency.
Profit Margins: Determine how efficient the restaurant has been and calculate if profits justify the asking price. A clear picture of this is crucial for a wise investment.
Potential & Growth: Assess if the numbers are stagnant, in decline, or indicate significant room for growth. This analysis, including comparisons to comparable establishments, shapes whether it's a great or merely good opportunity.
In real estate, a prime location makes or breaks a restaurant business. Examine these factors closely:
Foot Traffic: Is there regular pedestrian flow? Can the restaurant be seen easily from a main street or major road? Visibility helps build and sustain clientele.
Transportation & Accessibility: Is there ample parking for cars? Access to public transit matters too. This can impact how often patrons choose to visit.
Lease Terms: Understanding the lease structure, monthly payments, potential renewal options, and any restrictions imposed by a landlord protects your investment.
Negotiating the purchase of a restaurant is a strategic process. Approaching it with the right information and tactics helps secure a fair deal while keeping you on the path to successful ownership.
Restaurant valuations go beyond simply looking at a business sale price tag. A proper valuation encompasses multiple factors. Understanding them strengthens your bargaining position. Considerations include tangible assets (land, equipment, inventory) as well as intangible elements like goodwill, customer base, and the location's inherent earning potential. Utilize online business valuation calculators, alongside thorough industry research, to gauge a business's fair market value. https://www.findbusinesses4sale.com/calculators/
The purchase agreement outlines all the critical elements of your restaurant acquisition. This isn't simply a boilerplate form; each section requires meticulous attention to protect your interests. Areas covered often include purchase price details, seller warranties, liabilities, assets (physical and intangible), closing mechanisms, and restrictive covenants. Engaging a legal professional with expertise in commercial restaurant sales protects your business.
Before a restaurant changes hands, there are crucial legal elements to ensure your investment stays safe. A professional well-versed in Canadian and local municipal law is strongly advised to help with this stage.
Thorough due diligence requires verifying a restaurant's existing status concerning operating licenses and required permits. These include, but may not be limited to:
Business License: Required for any company functioning within Toronto.
Liquor Licenses: Strict application processes exist for restaurants with liquor service, along with potential restrictions to be investigated.
Building & Construction Permits: If renovations are in your plans, be sure prior changes comply with zoning and construction permits.
Signage Permits: Regulations around sizes, types, and placements will determine what types of signage are permissible.
Ownership means following detailed health and safety laws for your restaurant workforce imposed by municipal and provincial agencies. Non-compliance carries steep penalties and can damage your brand reputation. Aspects covered typically include:
Food Handling & Storage: Training and practices regarding food safety to protect from contamination and maintain fresh goods.
Sanitation & Cleanliness: Standards surrounding the kitchen, preparation areas, and service zones to prevent foodborne illnesses.
Employee Health & Safety: Staff requirements (protective wear, illness policies) and training on emergency procedures.
Important Note: It's important to be vigilant. Regulations are subject to change. Working with the right professionals helps you understand Toronto's laws and ensures an establishment has consistently and properly followed established procedures over time.
For most budding restaurateurs, securing adequate financing is crucial to achieving their dream. Explore a wide variety of restaurants for sale in Ontario to uncover your next exciting chapter in food service.
Here's a look at a few main avenues to consider in the greater Toronto area:
SBA (Small Business Administration) loans often act as catalysts for acquiring restaurant businesses. While not provided directly by the SBA, they're government-backed— offering borrowers attractive terms. Benefits include:
Lower down payments for those who qualify
Longer repayment terms for added flexibility
Smaller initial out-of-pocket expense when getting your restaurant up and running.
The Toronto market offers a range of options beyond SBA financing:
Traditional Business Loans: Secured through banks and commercial lenders, these require demonstrating sound financials and personal creditworthiness.
Alternative Funding: Various online platforms exist (especially geared toward smaller businesses). Think crowdfunding, equipment loans, merchant cash advances— while carrying higher interest rates, these can be faster than traditional routes.
Seller Financing: In some cases, sellers offer partial financing options or lease-to-buy models. Consider this route for well-established, profitable businesses looking to transition ownership.
Important Note: Seek professional financial advice prior to securing funding. Matching loans with your needs and goals will make ownership financially smoother.
Toronto's vibrant culinary scene calls out to food-industry visionaries! We make finding the perfect restaurant to match your goals easier. Unleash your passion and talent. Are you ready to explore endless possibilities in the thriving heart of Ontario's restaurant world?
Restaurant ownership offers incredible rewards, but takes preparation and a strong work ethic. Ensure lasting success by considering these factors:
Location & Concept Alignment: Ensure a harmonious alignment between the location you choose and your culinary vision. Mismatches lead to missed opportunities.
Team: Attract and retain qualified employees passionate about your food and concept. They're the backbone of any successful restaurant.
Financial Management: Monitor profitability, implement controls to minimize waste, and maintain a financial buffer to protect your operations.
Customer Focus: Ensure superior food quality and dining experiences create raving fans that keep coming back.
Unlock a world of entrepreneurial opportunity in the food service industry! FindBusinesses4Sale is your trusted resource for discovering diverse restaurant listings. Sign up today for free to connect with sellers, receive tailored email alerts, and save your favourite listings. It's the first step toward culinary success! Create your free account on FindBusinesses4Sale today!
While there are legal intricacies involved, buying a restaurant in Toronto follows a basic path. First, it's finding the right match—think cuisine, concept, size, and location. Once you've found options, it's best to connect with professionals like business brokers or real estate agents who specialize in restaurant sales. They'll help you navigate the negotiation, financing, and paperwork part of the purchase. Don't forget every city has regulations, so ensuring licensing and permits are sorted correctly helps the whole process go smoothly.
Definitely! Before taking ownership, get clear on what Toronto requires. Think business licences, food handling certifications (sometimes even for staff), liquor licences (if you have those), and health and safety regulations. Zoning can impact things like signage and hours, so knowing local specifics keeps your new venture compliant right from the start.
Absolutely! In fact, reviewing a restaurant's financial records is essential before signing on the dotted line. It reveals important factors like profitability, consistent earnings, and any potential red flags—giving you peace of mind or letting you walk away if things don't add up.
Each listing varies, so dig into the individual details to be sure. Many restaurants do come "as-is" with appliances and furniture, but specifics depend on the agreement between the buyer and the seller.
The timeline for buying a restaurant in Toronto can be variable. While some are "turnkey" with a smoother transition, a complex process often stretches over several months. Factors impacting the process include:
Due Diligence: This includes financial scrutiny, inspections, and ensuring necessary permits/licenses are up-to-date.
Financing: If loans are necessary, application and approval timelines can create unavoidable delays.
Negotiations: Reaching agreeable terms with sellers on everything from equipment to terms of the lease also plays a role.
Important Note: Working with experienced professionals can help buyers shorten some of these steps to accelerate the final purchasing process.
https://www.toronto.ca/city-government/data-research-maps/workforce-statistics/
There are many great Restaurants for sale in Toronto, Ontario, but some of the top-rated options include Fully Loaded Take-out Restaurant at 1760 Lawrence Ave E , Milestones and Shoeless Joe's.
Yes, there are currently some interesting offers available for Restaurants for sale in Toronto, Ontario. Check out the following links for more details:
Fully Loaded Take-out Restaurant at 1760 Lawrence Ave E , Milestones and Shoeless Joe's.
The average price is around $291,693. However, prices can vary depending on factors such as location, size, and amenities.
If you're interested in Restaurants for sale in Toronto, 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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