Bar and Restaurant – Classic Neighborhood Favorite w/Street Visibility

Asking Price$375,000

Cash Flow

EBITDA$209,070

Gross Revenue$1,236,752

Inventory$5,000
Not included in asking price
FF&E$30,000
Included in asking price
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Bar and Restaurant – Classic Neighborhood Favorite w/Street Visibility


Asking Price$375,000

Cash Flow

EBITDA$209,070

Gross Revenue$1,236,752

Inventory$5,000
Not included in asking price
FF&E$30,000
Included in asking price

Seller Financing Available
Business Description
This Greater Ontario Area combination restaurant and bar is a longtime local neighborhood favorite with great access and street visibility. The venue is known for its classic food and welcoming, down-to-earth atmosphere, and friendly service that keeps the regulars coming back. They boast hearty breakfasts, lunch with fresh-made dishes, and superclub style dinners with generous portions. The laid-back, family-style setting makes it a popular stop for locals looking for a satisfying, no-frills meal and a familiar neighborhood feel. The venue has a wholly separate bar that abounds with character.
About the Business
Years in Operation
69
Employees
20 Part-time
Facilities & Assets
This 4k square foot location leases for $10k per month on a new 5-year lease, with 5-year option and term. All of the business’s furniture, fixtures, equipment, goodwill, and Type 47 Liquor License will be included in the sale. An estimated $5k in inventory will be sold at cost, at close.
Market Outlook / Competition
This establishment faces neighborhood competition from casual diners, breakfast cafés, and fast-casual chains that cater to customers looking for quick, affordable comfort food. Many competitors focus on speed, modern interiors, or niche menus, appealing to commuters and younger diners and revelers. Despite this, neighborhood eateries compete on consistency, quality fare, generous portions, and a loyal local customer base.
Opportunities for Growth
New management may take this long-established venue in any number of directions. They may choose to drive foot traffic from locals, or market to the greater community to expand the customer base to cater to others that prefer comfort food in a friendly atmosphere with reliable service. By building on its established reputation while adapting to modern dining trends, management may also choose to enhance the menu offerings, to go after a broader customer base without losing its loyal following.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$10,000.00 per month
About the Sale
Seller Motivation
Personal
Transition Support
Seller will train for 2 weeks at 20hrs per week or as negotiated
Financing Options
Seller may consider a small secured carry to facilitate SBA loan
Listing Info
ID
2465467
Listing Views
3

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Business Listed by: Ryan Clark The Veld Group

Listing ID: 2465467 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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