Turnkey Restaurant Opportunity 10% Commission

Montreal, QC
Asking Price: $649,961 ($899,000 CAD)
Business For Sale Details
Listed on Dec 25, 2024

Turnkey Restaurant Opportunity: Own a Profitable, Fully-Equipped Establishment Ready for Success!"
Restaurant & Bar, established in 1989, has been thriving ever since, offering a unique menu that caters to all tastes. Known for its full-service dining and recognized as one of the top 10 spots for Montreal’s famous smoked meat sandwiches, the restaurant also boasts one of the largest outdoor patios. It’s a family-owned business with dedicated long-term staff and skilled chefs. This is a fantastic opportunity to grow the business further by introducing delivery, catering services and/or breakfast. The lease includes a second-floor apartment with three bedrooms and one bathroom, as well as a private cigar lounge. In Addition Bar holds LTV permit for 3 lotto machines Plenty of onsite parking 65-70 spaces. This is a great opportunity to own a full service, licensed restaurant. And a personal cigar lounge in one of the most desirable location The restaurant has 3 outdoor terraces that seat 100-110. Large bar and 345 indoor seating.
A 4.5 rating because of it’s high quality cooks, servers and bartenders.
The current owner is willing to stay for a determined period of time to assist the new owners with training as well introductions to all the present staff.
The sale price includes all furnishing and equipment much of it new.

Located in the Laurentians, a popular ski town, the restaurant is a go-to destination for weekend and holiday travelers. Saint-Sauveur, known for its vibrant winter activities like skiing and snowboarding, transforms into a hub of summer fun with water sports and seasonal attractions. This business is perfectly positioned to thrive year-round in one of the most sought-after tourist locations.

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Financials (USD)

Asking Price $649,961

Cash Flow Not Disclosed

Sales Between $2,023,629 and $2,205,098

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? No

Buyer Fee? Yes

Seller Financing? Available On Request

Willing to co-broke? Yes

Principals only? No

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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