Take Away for Sale in Summerside, Canada
For Sale: Caribbean and Indian cuisine takeout restaurant receiving 50+ daily orders located in Canada.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | C Corporation |
| Reported Sales | USD 47 thousand |
| Run Rate Sales | USD 86 thousand |
| EBITDA Margin | 25 % |
| Industries | Take Aways |
| Locations | Summerside |
| Local Time | 6:02 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
136 thousand
(Native Currency: CAD 190,000)
Reason: The owner wants to retire due to health issues. The owner has not been able to operate full-time las...
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Includes physical assets worth
USD
105 thousand
Interested to connect with advisors
Documents
Domain-Verification.pdf
(212.7 KB)
Business Overview
- We are a 5-star takeaway business located in Canada.
- We serve Caribbean and Indian Cuisines.
- The business can be converted into a dine-in with a seating capacity of 10 pax.
- On average, receive 50+ orders daily.
- Average order value is CAD 20.
- We sell food through our website, and two food aggregator apps.
- Nominated for 2022 New Business of the Year award and 2023 Business Excellence for Community Impact award.
- The sales of the business have increased as last year the owner was unable to operate full time due to issues with her hand.
- The population continues to increase due to immigration which has increased the number of our customers.
- Promoter has 2 years of experience in the industry.
- We only require a registration license to operate the business.
- We serve Caribbean and Indian Cuisines.
- The business can be converted into a dine-in with a seating capacity of 10 pax.
- On average, receive 50+ orders daily.
- Average order value is CAD 20.
- We sell food through our website, and two food aggregator apps.
- Nominated for 2022 New Business of the Year award and 2023 Business Excellence for Community Impact award.
- The sales of the business have increased as last year the owner was unable to operate full time due to issues with her hand.
- The population continues to increase due to immigration which has increased the number of our customers.
- Promoter has 2 years of experience in the industry.
- We only require a registration license to operate the business.
Products & Services Overview
We are a takeaway business offering food from two cuisines.
Assets Overview
All restaurant equipment is valued at more than CAD 140K. These include appliances, refrigerators, interiors, stoves, counters, and utensils.Great opportunity for someone wishing to move to Canada as a business owner,
Facilities Overview
Located in a busy area. Take out business model but can be converted to sit down for quick meals. The lease is CAD 2,350 per month and includes utilities except propane. 5-year lease term (from 2022) + additional 5 years.
Capitalization Overview
No outstanding debts; the restaurant was built from new and all equipment was purchased new. The owner owns 100% of the business. Great opportunity for someone wishing to move to Canada as a business owner.
Recent Activity
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Earlier than 15 daysDirector, Tyre Retail Distributor, Kanpur, Corporate Investor / Buyer connected with the Business
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