In LOIConfidential listingFully Licensed Upscale Restaurant — $2.67M Revenue, Healthy Margin, Owner-Independent
Highly lucrative, fully licensed upscale restaurant in one of London, Ontario's most affluent and high-traffic corridors. The business produced approximately $2.67M in trailing revenue and $516K+ in net income before owner add-backs — a high-teens net margin that sits well above the high-single-digit range typical of independent full-service restaurants.
Weekly sales are still trending upward, with an experienced management team, full liquor license, and a 10-year protected lease with category exclusivity transfer with the sale — turnkey, owner-independent, and cash-generating from day one.
Financial performance
Revenue by fiscal year. Detailed financials, margins, and add-backs are shared after approval.
Investment highlights
- 01Top-tier profitability for a full-service restaurant
- 02Owner-independent, professionally managed operation
- 03Sales are accelerating
- 04$1.8M+ Turnkey Custom Buildout Included
Growth opportunities
- Catering and corporate/private event programming — currently untapped revenue stream
- Monday dinner service — currently closed, representing immediate added weekly capacity
- Multi-unit expansion — concept purpose-built as a scalable flagship brand
Business details
- Industry
- Upscale Casual Dining
- Location
- London, ON
- Employees
- 15 FT, 22 PT
- Reason for sale
- Owner is pursuing a new opportunity and is committed to a smooth transition; a trained management team is already in place.
Company identity, full financials, ownership, and the data room are shared after Succession AI approves your access and you sign an NDA for this business.