3500 sqft long history restaurant locate in commercial Kingsland SW, fully license , 100 seats, fully equipment. easy to convert other kind of cuisine restaurant. low rent only $4500 plus property tax $1500 plus building...
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3500 sqft long history restaurant locate in commercial Kingsland SW, fully license , 100 seats, fully equipment. easy to convert other kind of cuisine restaurant. low rent only $4500 plus property tax $1500 plus building...
Asking Price : $195,000
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) : 10,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Excellent business opportunity, located in the heart of Cavendish! The Pizza Delight is a profitable restaurant franchise, and it's for sale! PEI gets an estimated 1.6 million visitors, and Cavendish is one of the most p...
Asking Price : $329,000
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) : 3,336
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Year round home; Two seasonal cabins; Restaurant & Bar; Heated shop, docking. Big John's Bar & Grill is an iconic establishment located on the shore of Regina Bay, Lake of the Woods in Sioux Narrows. This beautiful 3.92...
Asking Price : $695,000
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) : 2,242
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
A New Franchisee Business with All New Equipment and Nice Interior Design. This COR VAN RAAY YMCA is a Huge and Fantastic Sports Facility Next to The ATB CENTER /CURLING CLUB and Couple of Schools NEAR. This Reputable Bu...
Asking Price : $449,000
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) : 1,569
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Attention aspiring vendors and entrepreneurs, it's time for the owner of super popular and well loved Sandy's Old Fashion Burgers & Ice Cream to retire. Located along the Alaska Highway going north from Prince George, BC...
Asking Price : $96,950
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) : 550
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Excellent business opportunity!! Profitable business that has been in operation for over 6-years. Well-known family owned fish and chips located in Guildford area. Top 3 ranking in Lower Mainland. Top of the line equipme...
Asking Price : $200,000
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
Welcome to Bistro 54, Perth, Ontario's first & only Italian Restaurant since 2005. Located in one of Canada's oldest & prettiest towns sits this beautiful 3 story stone building, built in 1858 by European masons. What yo...
Asking Price : $1,099,900
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
Become A Proud Owner Of A Global Pizza Chain -Take Out Restaurant. Located In A Busy Plaza Beside National Retailers. Little Caesars Is The World's Largest And Fastest Growing Carry-Out-Only Pizza Franchise. The Brand Pr...
Asking Price : $387,000
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
Well established Sushi restaurant reputed to be the best in the area. Sam uses only the freshest ingredients and prepares these mouth watering treats on the premises as they are ordered. The business has been in operatio...
Asking Price : $355,000
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
Established craft brewery with licensed lounge and kitchen for sale in the Central Okanagan. The brewhouse is a 10bbl system with 8000 hl of fermentation capacity. Packaged and Keg beer is distributed throughout the Okan...
Asking Price : $1,160,000
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
The first step to purchasing a restaurant is researching local restaurants for sale. Look around nearby restaurants that have recently gone up for sale and check out their reviews online. Knowing what types of food they serve and their hours can help determine whether or not it would be a good fit for you. Additionally, ensure that the restaurant is registered with the Canadian Food Inspection Agency (CFIA).
Before investing in a particular restaurant, it’s also necessary to understand the local market dynamics through things like pricing, competition, demographics, and other factors that may influence customer demand.
Ask yourself questions like: Is there enough customer demand to support my business? Who is my target market? What products should I offer?
Before you can open for business, you’ll need to secure the restaurant property itself. Negotiate with owners to find the best deal that meets your budget needs. Check to see if everything is included in the purchase agreement so there will be no surprises after signing on the dotted line.
Narrow your focus to prime locations that are most attractive based on factors such as access to transportation and customers, competition in the neighbourhood, and available amenities. When evaluating prospective sites, visit them to ensure they meet all necessary criteria, such as legal zoning requirements and infrastructure.
Once you locate a few potential restaurants for sale, decide how you want to finance the purchase. Consider taking out a loan from your bank or turning to investors or venture capitalists if you need additional capital.
Getting the necessary kitchen equipment (such as refrigerators, ovens, and dishware) is essential for running an efficient restaurant operation. Look online or visit local catering stores or used equipment shops, as you can find good quality items at bargain prices if needed.
Furthermore, you may want to think about everything else you will need to run a popular business. Sometimes thinking about things like providing your customers with a wine list with exceptional wines, different payment options, and delivery options, and presenting a menu with food favourites can positively affect the success rate of a market restaurant.
Considering the cost associated with owning and running a restaurant, it’s wise to get professional legal advice. Hire an experienced lawyer who specializes in real estate law if possible; they can guide you every step of the way and address any issues during the purchase process.
Once you know the regulatory environment for operating a restaurant in Quebec, it’s time to get your finances in order. Create a business plan that may precisely account for all startup costs, operational expenses, and expected profits or losses over time. Also, include any financing methods you plan to use, like loans or investments from others.
In addition to researching current laws & regulations beforehand, having a solid accounting system in place is essential since money management is key for keeping track of expenses and income earned each month/yearly period by your business.
Use an accountant specialized in helping small businesses with their financial needs or consider investing in software suited towards larger restaurants specifically that tracks & organizes bookkeeping information conveniently.
Before taking any action on purchasing or running a restaurant for sale in Quebec, it’s crucial to understand what regulatory requirements exist for food businesses operating out of the province. You may need to submit paperwork and obtain permits before opening or selling certain food items to ensure you’re aware of local regulations and policies related to restaurants before you move forward with your purchase plans.
Before finalizing any deal, it’s essential to have all contracts reviewed by experienced professionals familiar with Canadian federal and provincial laws governing restaurant purchases/sales agreements in Quebec and get health certificates and permits. Also, don't forget to check your staff's sales and inventory reports.
When putting together an offer letter sales agreement proposal, consider hiring legal counsel familiar with commercial real estate transactions so you may proceed confidently towards closing the deal without any surprise costs along the way.
Also, be sure you discuss contingencies before signing any definitive agreement regarding price and processes for payment of deposits, etc. You would also want to negotiate one or two post-closing issues, like removing current logo signage outside the property, amongst other things.
Although it may seem like a lot of work, purchasing a restaurant can bring you both income and experience. And while there are many things that can stand in your way, we advise you to be patient and work through your logistics and methods toward running this type of business successfully.
Buying a restaurant with an excellent track record offers multiple benefits. First, you can find a restaurant with all the employees you need. It’s essential to have skilled chefs with the experience and knowledge to deliver your meals to customers.
On the other hand, buying a restaurant means you already have a certain number of customers and a reputation. You can expect a certain level of profits while having the opportunity to recognize the areas you could improve in the future to grow your brand and expand your market.
Reports from 2022 show that there’s a growing number of third-party delivery restaurants, on-premise, and off-premise dining. Restaurants are getting 35% more pickup and delivery orders while retaining and increasing the number of people dining there.
This simply shows just how healthy the market is. Quebec is known for its dining scene, and the local government supports businesses and helps them grow through various incentives. The end of the COVID-19 pandemic has compelled more people to go out and dine while increasing the number of orders.
Buying a restaurant in Quebec is an excellent opportunity to become a successful entrepreneur. However, you must create a robust process you can rely on to discover and acquire a business that’s worth the investment.
First, you should find listings websites like Find Businesses 4 Sale and create a shortlist of top options. Conduct thorough research and learn about those businesses, their potential, shortcomings, and current operations. Use this information to negotiate the right price and consult with professional business brokers before you sign a purchase agreement.
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