Regularly ranked as the best Neapolitan pizza in Montreal

Description

Our favorite pizzeria in Montreal offers delicious Neapolitan wood-oven pizzas and inspired market cuisine, made with the finest products from here and Italy.
Salad, fresh pasta and excellent desserts.
The cellar is full of finds from private imports and artisan wines.
Two atmospheres in the same restaurant, a mezzanine for a cozy and intimate evening or the ground floor for a quick trattoria style with order at the counter.
At home: take-out home delivery, via the website or by phone.
Location Number 1 on the most famous avenue in Montreal.
Nice varied clientele: locals, business people, foodies, students.
Very competitive rent.
100 seats.
Comfortable space of 3,375 sq. ft. on three levels.
Turnkey, a favorite for our team.

GENERAL INFORMATIONS

  • Type of business: On-site restaurant with two atmospheres, take-out and home delivery
  • Type of ownership: Sale of goodwill or sale of shares
  • Date, deadline for signing deed of sale and occupancy: 30 days or more
  • Reason for sale: Owner too busy with other business
  • List of equipment available
  • Involvement of the seller after the sale: Available to succeed in a perfect transmission of his business
  • Financing conditions: Assistance with the financial arrangement of MayDay Strategies and possible participation, possible balance of sale from the seller
  • Inclusions: 1° goodwill; 2° the telephone number; 3° all movable property, apparatus and equipment used in the operation of the Enterprise; 4° The Company’s inventory of merchandise is included in the sale, but is not included in the above price (+/- $25,000).
  • Exclusions: 1° the name; 2° rights and privileges related to the identification of the enterprise (signs, advertisements, trademarks, etc.); (3) accounts receivable; (4) accounts payable and debts; 5° the bank accounts and the amounts in the account balances.
  • The name can be given with the purchase of the second point of sale

COMPANY DESCRIPTION

In operation since June 2016
Particularities of the business: On site, take-out and home delivery, wood oven, homemade, excellent reputation.

HUMAN RESSOURCES

Management team: (management, leader, stewardship, coordination)
Number of employees: 2 full-time and 20 part-time

MARKET

  • Market description: The market for good pizza is more than ever the best restaurant sector. Good gross margins and transportable.
  • Clientele: Locals, business people, foodies, students
    Description of the competition: Very little present in Montreal because few kitchens have the right to have a wood oven
  • Financial situation and forecasts: Excellent
  • Market Opportunities: Expand current reduced opening hours

BUSINESS HOURS

WED-THU: 5 p.m. to 9 p.m. / FRI-SAT: 5 p.m. to 10 p.m.

Liquor license

Number of indoor seats: 100 people

FINANCE

Annual income: +/- $1,250,000 before covid
Year end date: September 30
Earnings before taxes (EBITDA): +/- $113,500 before covid
Salary and Benefits for the administrator: +/- $70,000

Bank name: Desjardins
Amount of line of credit available: $90,000

DESCRIPTION OF THE PREMISES

  • Type: Local on three levels on a major avenue
  • Located in a building with character. Splendid stained glass windows on the facade
  • Area: 3,375 sq.ft.
  • Monthly rent: $5,250 gross with business taxes, etc.
  • End of lease: April 30, 2024
  • Lease renewal option
  • Wood oven (acquired rights)
  • Liquor license

MEDIA

Excellent local and national reputation
Rated one of the 30 best new restaurants in Canada in 2017 and considered one of the best pizzerias in Montreal

LOCATION

Strengths: Public transport 10/10, Elementary schools 10/10, Secondary schools 10/10, Convenient for pedestrians 10/10, Parks 10/10, Grocery stores 10/10, Dynamic 10/10, Convenient for cyclists 10 /10, Nightlife 10/10, Cafés 10/10, Restaurants 10/10, Shopping 10/10, Daycare 8/10, History 7/10

DISTRICT MARKET STUDY

  • Population (2016): 104,000, Population change between 2011 and 2016: 4%
  • Population density: 12,855 inhabitants/km2,
  • Population by age group: Average 37 years, < 15 years 11%, 15 to 24 15%, 25 to 44 43%, 45 to 64 years 21% > 65 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 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%
  • Dwelling type: Detached houses 1%, Semi-detached or row houses 2%, Buildings less than 5 stories 82%, Buildings 5 ​​stories or more 16%
  • 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: Evening​
Discretion requested​

Stanislas Didier
Founding President
Canada : +1 514 618-9165
France : 07 66 37 69 66
[email protected]
Benjamin Espaze
Real Estate Broker
RE/MAX L’ESPACE
514 581-9116

Address

  • City Montréal
  • Province Quebec
  • Area Milton Parc, Montréal Centre
  • Country Canada

Details

Updated on May 7, 2023 at 8:02 pm
  • Category: Restaurant
  • Property Status: ***SOLD***

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Stanislas Didier
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