Jag Patel
Broker
$2,650,000
Available - For Sale
Listing ID: E13559128
| **Turnkey Opportunity: Highly Profitable Established Multi-Division Food and Hospitality Company for Sale**Confidential opportunity to acquire 100% of an established operating corporation with three complementary business divisions: a full-service licensed restaurant, a dedicated commercial kitchen and private event space, and an established catering operation.The company benefits from multiple revenue streams, a loyal base of repeat private, corporate and institutional clientele, and confirmed future bookings. The operation includes an extensive inventory of commercial-grade restaurant, kitchen, catering and event equipment, including equipment and improvements added during the current ownership. Together, the divisions provide an integrated operating platform with established clientele, infrastructure and revenue-generating capacity.The business is cash-flow positive and is being offered as a corporate share sale, subject to the final structure agreed upon by the parties and their respective legal and accounting advisors.The existing liquor sales licence forms part of the current operation. Any continued use or transfer following a sale is subject to applicable AGCO requirements and approval. Perfect for an experienced restauranteur or expanding hospitality group looking for a premium opportunity. |
| Price | $2,650,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Tenant |
| Province/State: | Durham |
| Directions/Cross Streets: | Consumers/ Brock St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | Varies |
| Employees #: | 33 |
| Seats: | 150 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| REVEL REALTY INC. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Durham |
| Municipality: | Whitby |
| Neighbourhood: | Downtown Whitby |
| Fireplace: | N |
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