$2,650,000
For sale: Other

**Turnkey Opportunity: Highly Profitable Established Multi-Division Food and Hospitality Company for Sale**Confidential opportunity to acquire 100% of an established operating corporation with three complementary business divisions: a full-service licensed restaurant, a dedicated commercial kitchen and private event space, and an established catering operation.The company benefits from multiple revenue streams, a loyal base of repeat private, corporate and institutional clientele, and confirmed future bookings. The operation includes an extensive inventory of commercial-grade restaurant, kitchen, catering and event equipment, including equipment and improvements added during the current ownership. Together, the divisions provide an integrated operating platform with established clientele, infrastructure and revenue-generating capacity.The business is cash-flow positive and is being offered as a corporate share sale, subject to the final structure agreed upon by the parties and their respective legal and accounting advisors.The existing liquor sales licence forms part of the current operation. Any continued use or transfer following a sale is subject to applicable AGCO requirements and approval. Perfect for an experienced restauranteur or expanding hospitality group looking for a premium opportunity.
Sold data
Homes in Whitby took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 35, across 383 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.
The median sale price was $855,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 22% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 383 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Whitby has 38 Fraser Institute–rated schools (30 elementary and 8 secondary), averaging 7.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$2,450,000
Other412 - 7191 YONGE STREET, Thornhill, Markham

$2,495,000
Other7 - 561 EDWARD AVENUE, Devonsleigh, Richmond Hill

$2,689,900
Other10119 YONGE STREET, Crosby, Richmond Hill

$2,699,900
Other10152 YONGE STREET, Mill Pond, Richmond Hill

$2,750,000
Other894 QUEEN STREET E, South Riverdale, Toronto

$1,990,000
Other103 -107 BROCK STREET S, Downtown Whitby, Whitby

$2,290,000
Other1019 COXWELL AVENUE, East York, Toronto

$2,399,000
Other839-841 GERRARD STREET E, South Riverdale, Toronto