Ole Tapas Turnkey Spanish Franchise | $1.2M Revenue | MTL Waterfront

Asking Price$800,000

Cash Flow
$510,000

EBITDA$150,000

Gross Revenue$1,154,443

InventoryNot Disclosed

FF&ENot Disclosed

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Ole Tapas Turnkey Spanish Franchise | $1.2M Revenue | MTL Waterfront


Asking Price$800,000

Cash Flow
$510,000

EBITDA$150,000

Gross Revenue$1,154,443

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Invest in Successful Franchise Opportunity with Multiple Locations
*** Listing price is 800K + applicable taxes ****

Discover an exceptional investment opportunity with Ole Tapas, a certified Spanish dining experience now available as a franchise offering. Ideally located at 132 rue Sainte-Anne, Sainte-Anne-de-Bellevue, this highly profitable restaurant is more than just a business--it's a proven gateway into Canada's thriving restaurant industry.

Authentic Spanish Concept
Ole Tapas transports guests to Spain through traditional dishes such as patatas bravas, Iberian ham, Galician-style octopus, and specialty paellas, all crafted with authentic imported ingredients and classic culinary techniques.

Certified for Authentic Spanish Cuisine in Canada and featured among Montreal's top tapas destinations by RestoMontreal, Ole Tapas is a recognized leader in delivering genuine Spanish gastronomy. Flamenco nights and seasonal events further elevate the guest experience, creating a loyal clientele and a true destination restaurant.

Proven Performance
The Sainte-Anne-de-Bellevue location is a top-performing unit with $1.2M in revenue (2024) and projected growth to $1.5M in 2025. Situated on a vibrant waterfront promenade with high pedestrian traffic, the heated year-round terrace and lively Mediterranean-inspired décor offer an unmatched setting for both casual outings and special celebrations.

Franchise Growth Potential
Ole Tapas is positioned for expansion across Canada, with a clear roadmap to reach five corporate and three franchised locations by 2027 and projected system-wide revenues of $12M. The franchising model provides strong support through:
- Initial training and operational guidance
- Ongoing marketing campaigns and brand recognition
- Exclusive wholesale partnerships for Spanish imports
- Scalable revenue streams through corporate and franchised locations

Financial Highlights (Sainte-Anne Location)
- 2024 Revenue: $1.2M
- 2025 Projected Revenue: $1.5M
- Strong EBITDA margins supported by loyal customer base and brand reputation

Why Invest
- Turnkey franchise with proven success and growing demand
- High-traffic location on the waterfront in Sainte-Anne-de-Bellevue
- Certified authentic Spanish cuisine with award-winning recognition
- Distinctive brand experience combining food, culture, and atmosphere
- Scalable franchise model designed for long-term profitability.

Ole Tapas is more than a restaurant--it's a lifestyle brand with authenticity at its core, offering investors a rare opportunity to secure a lucrative and prestigious foothold in the booming restaurant industry. Turnkey franchise & full staff included!

*** Listing price is 800K + applicable taxes ****
About the Business
Years in Operation
9
Employees
36 (19 Full-time, 17 Part-time)
Franchise
This business is an established Ole Tapas franchise
Website
https://oletapas.ca/
Opportunities for Growth
Franchise currently looking to expand in cities in other parts of Canada; Toronto and Vancouver
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,898
Rent
$3,300.00 per month
Lease Expiration
10/29/2029
About the Sale
Seller Motivation
Expanding the Ole Tapas Franchise across Canada
Transition Support
training on POS systems and other operations by owner and head chef for 3-4 months on a salary
Listing Info
ID
2418151
Listing Views
Attached DocumentsAttachment Disclaimer

Ole Tapas - Expansion.pdf

Business Location

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Business Listed by: Christina Quadros

Listing ID: 2418151 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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