Restaurant Investment Opportunity in Toronto, Canada

Caribbean restaurant business having six outlets in Canada and one outlet in US, receiving 50-70 daily customers.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 370 thousand
EBITDA Margin
9 %
Industries
Locations
Local Time
1:32 PM United States
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 360 thousand for 49.0% stake (Native Currency: CAD 490,000)
Reason: Need funds to open more outlets in the US.
Includes physical assets worth USD 740 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Caribbean restaurant with 6 outlets in Canada and one outlet recently started in US.

- Our 2 outlets have seating capacity of 45 & 57 pax respectively. Rest all are takeaway counters.

- On an average we receive 50-70 customers on a daily basis at each of our outlets.

- We also have tie ups with online aggregators like UberEats through which we receive 15-20 orders per day.

- Our assets include Kitchen equipment, furniture, interiors, social media platform.

- Promoter has more than 17 years of experience in this business.

Products & Services Overview

Starters, Salads, Wraps, Chicken, Sandwiches, Fresh Juice, Smoothie, desserts.

Facilities Overview
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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