Listing Number: 10152021-791676
Description
Transworld presents a French cuisine restaurant that has delighted diners in downtown Montreal with award-winning contemporary cuisine served in an elegant setting for over 20 years. Under a renowned chef, the restaurant consistently earns accolades including being named Canada's Best Restaurant. Located in a recently updated 8,041 square foot space, the restaurant’s prime address caters seamlessly to tourists, business diners, and residents.
Growth Opportunities:
1) Expanded Hours: New owner could boost revenues by expanding operating hours into late night, adding a bar/lounge scene, and adding 2 more working days . The prime downtown location and proximity to main venues which drives a high traffic volume.
2) Takeout/Delivery: Expanding into takeout, delivery, and pre-made meals would allow the restaurant to reach new customers. This provides additional revenue streams while leveraging the existing kitchen.
3) Catering: The restaurant's award-winning cuisine could be leveraged for onsite catering to local businesses and event venues. The downtown corporate presence offers significant B2B catering opportunities.
3) Private Dining: The restaurant could market its mezzanine private dining space for corporate events, weddings, and private parties. This caters to the high-end demographic downtown.
4) Franchising: The restaurant's esteemed brand could be leveraged into a franchise model, opening new locations in affluent neighbourhoods and major Canadian cities.
Please note the following:
- The Leasehold Improvement done in 2019 cost: $2,590,172.
- The FF&E and Leasehold Improvements are in excellent condition.
- Inventory is not included in the price.
Listing Details
- Price: $ 2,195,000
- Down Payment: $2,195,000
- Sellers Discretionary Earnings: $ 401,513
- Total Sales: $ 4,602,928
- Location: Communauté-Urbaine-de-Montréal, Québec
- Inventory: $ 150,000
- FF&E: $ 608,340
- Employees: 45
- Reason for Selling: Relocation
- Category: Restaurants
