Restaurant on Plateau-Mont-Royal

  • $149,000

Description

Very well-located restaurant, which has been producing exceptional sales for almost 10 years.
Renowned location in an excellent neighborhood.​Low fixed charges.​
100 seats inside and 30 on the magnificent terrace.​
Lots of charm inside.​
Comfortable kitchen for working.​
A lot of flexibility possible in the operation.​

GENERAL INFORMATIONS​

  • Type of business: Restaurant​
  • Reason for the sale: Family name of one of the co-owners​
  • Equipment list available: Yes​
  • Date, deadline for signing the deed of sale and occupancy: 30 days or more​
  • Financing conditions: Assistance with the financial assembly of MayDay Strategies, possible balance of sale of the seller and possible participation of MayDay Strategies.​
  • Inclusions: 1° all movable property, appliances and equipment used in the operation of the business.​
  • Exclusions: 1° accounts receivable; 2° accounts payable and debts; 3° bank accounts; 4° movable property and stocks of goods on consignment; 5° devices and equipment that are the subject of a rental contract; 6° the name; 7° all rights and privileges related to the identification of the company(phone number, signs, advertisements, trademarks, etc.); 8° all stocks of merchandise.​

COMPANY DESCRIPTION​

In operation since 2012 ​

Specifics of the company​

  • The restaurant has been well established for 9 years, in an excellent area of the city, strategic location (close to parks, easy parking, traffic at all hours of the day, every day of the week and weekend, and during the four Seasons.​
  • The restaurant is currently specializing in vegan with great success but a change in the genre of cuisine or concept is quite possible. ​
  • Opportunities: well located to deliver much of the city, easy parking, a zone is available in the establishment for take out.​

HUMAN RESSOURCES​

1 full-time manager, 3 part-time servers, 1 part-time hostess, 3 part-time assistants, 1 full-time chef, 1 full-time sous chef, 2 full-time cooks, 1 part-time cook, 2 part-time divers​

MARKET​

  • Market description: More and more famous district for the restoration​
  • Clientele: Varied with good purchasing power​
  • Financial situation and forecasts: Evolving neighborhood​​

OPENING HOURS (currently)​

  • Wednesday, Thursday and Friday: from 5 p.m. to 10 p.m.
  • Saturday, Sunday: from 11:00 a.m. to 10:30 p.m.​

FINANCE​

Annual revenues of $ 1,142,000 to $ 1,586,000 over recent years

LOCATION DESCRIPTION​

  • Area: +/- 3,000 pc​
  • Monthly rent: $ 4,735 + $ 2,234 (business taxes and fees)​
  • End of lease: March 31, 2022​
  • Lease renewal option: 5 years​
  • Electric power: 600 Volts 3 phases​
  • Hood dimensions: 16 feet long​
  • Frying: Yes​
  • Proximity to: Parc Jeanne Mance, Parc du Mont-Royal​
  • Terrace: yes​
  • Interior seats: 100​
  • Outdoor seats: 30​
  • Alcohol permit​

​NEIGHBORHOOD MARKET STUDY​

Location

Growing district, well known, renowned and dynamic, educated and rather young inhabitants. Destination place for both shopping and leisure.​

Public transportation 10/10, Convenient for pedestrians 10/10, Parks 10/10, Grocery stores 10/10, Bike friendly 10/10, Nightlife 10/10, Shopping 10/10, Primary schools 9/10, High schools 9/10, Dynamic 9/10, Restaurants 9/10, Daycare 8/10, History 7/10, Cafés 7/10, Greenery 6/10, Car friendly 6/10.​

  • Population (2016): 104,000​
  • Population change between 2011 and 2016: + 4%​
  • Population density: 12,855 inhabitants / km2​
  • Population by age group: Average 37 years old, <15 years 11%, 15 to 24 years old 15%, 25 to 44 years old 43%, 45 to 64 years old 21%,> 65 years old 11%​
  • Household income: Average $ 66,753, Less than $ 50,000 52%, Between $ 50,000 and $ 80,000 20%, Between $ 80,000 and $ 100,000 8%, Between $ 100,000 and $ 150,000 11%, Over 150 000 $ 8%​
  • Profile of private households: Average 1.8 people, Households with 1 person 52%, Households with 2 people 30%, Households with 3 people 10%, Households with 4 people 6%, Households with 5 people and + 2%​
  • Type of families: Couples without children at home 52%, Couples with children at home 32%, Single-parent families 16%​
  • Housing occupancy: Proportion of owners 28%, Proportion of tenants 72%​
  • Housing construction: Before 1960 57%, From 1961 to 1980 23%, From 1981 to 1990 7%, From 1991 to 2000 5%, From 2001 to 2010 5%, From 2011 to 2016 2%​
  • Type of housing: Single-family houses 1%, Semi-detached or row houses 2%, Buildings with less than 5 storeys 82%, Buildings with 5 or more storeys 16%, Mobile homes 0%​
  • Education: University 57%, College 14%, Secondary 16%, Apprentices or trades 5%, No diploma 8%​
  • Immigration: Non-immigrant population 73%, Immigrant population 27%​
  • Languages spoken: French 67%, English 23%, Other languages 10%​

Visits

Appointment preferences: outside opening hours
Confidentiality and discretion requested

Stanislas Didier
Founding President
Canada : +1 514 618-9165
France : 07 66 37 69 66
Email
Benjamin Espaze
Real Estate Broker
RE/MAX L’ESPACE
514 581-9116
Carlos Reis​​
Real Estate Broker
since 2008
RE/MAX ACTION
514 995-2840

Address

  • City Montréal, Montreal
  • Province Quebec
  • Area Montréal Centre, Plateau Mont-Royal
  • Country Canada

Details

Updated on December 12, 2021 at 2:26 pm
  • Price: $149,000
  • Area: 3000 Sq.Ft
  • Category: Restaurant
  • Loyer - Rent: $ 4,735 + $ 2,234 (business taxes and fees)​

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