Food & Hospitality Businesses / Toronto, Peel, Halton, Hamilton, Niagara and GTHA

Search Restaurants for Sale in Southern Ontario

Acquire a fully operational restaurant, cafe, or food business in Southern Ontario with verified financials, trained staff, and established clientele. AGCO license status confirmed on all licensed locations.

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Buying a Restaurant in Southern Ontario?

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1.5–3.5x
Revenue Multiple
$300K–$3M+
Typical Price Range
$0
Buyer Representation Fee
Confidential
Process Guaranteed
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Restaurants & Food Businesses for Sale — Search Southern Ontario Listings

Southern Ontario’s food service industry generates over $20 billion annually. Acquiring an existing restaurant means inheriting a working kitchen, loyal clientele, trained staff, and often a coveted liquor licence — all impossible to replicate overnight from scratch.

🍴
Immediate Operating Revenue
Take over an established operation with daily sales from day one. No build-out delays, no trial period — just running business.
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AGCO Licence — Hard to Obtain, Easy to Inherit
Liquor licences in Southern Ontario can take 12–18 months to obtain from scratch. Buying a licensed restaurant means transferring that licence immediately, adding significant value.
👨‍🍳
Trained Kitchen & FOH Staff
Experienced chefs, line cooks, and front-of-house staff come with the acquisition — saving months of recruitment and training cost.
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Proven Menu & Supplier Relationships
Established supplier terms, food cost ratios, and menu engineering are already optimized — your COGS and margins are predictable from day one.
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Prime Lease Secured
High-traffic restaurant locations are rare. An acquisition typically includes a multi-year lease with favorable renewal options already negotiated.
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Loyal Customer Base & Online Reviews
Hundreds of Google reviews, social media followers, and repeat customers come pre-built — customer acquisition costs are zero at acquisition.

Current Restaurant Listings in Southern Ontario

Genuine restaurant listings currently on the market in Southern Ontario, updated throughout the day. Found one you like? Send it to us and we will review the numbers with you before you make an offer.

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing information is deemed reliable but is not guaranteed accurate by PROPTX. Listings shown are a selection of properties from the IDX data feed and do not represent all MLS® listings. Data last updated October 19, 2026 at 3:25 am.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. REALTOR® is a trademark controlled by CREA.

Restaurants in Southern Ontario: Illustrative Market Examples

Contact us for current pricing, normalized EBITDA, and full financial packages. All inquiries handled confidentially under NDA.

Market Information Notice

The profiles and price ranges shown below are illustrative market examples and are not representations of properties or businesses currently offered for sale. They are provided for general informational purposes only. Actual opportunities, financial information, valuations and transaction prices vary and must be independently verified.

Full-Service Restaurant
Illustrative Market Profile
Italian Restaurant & Bar
Mississauga Area
Typical Profile
  • 100–140 Seats
  • Full AGCO Licence
  • 8+ Year History
  • Typical Annual Revenue: $1.6M–$2.0M
Indicative Market Range
$1.1M–$1.3M

Illustrative example — not an active listing.

Ask About Current Opportunities →
Cafe & Bakery
Illustrative Market Profile
Artisan Cafe & Bakery
Toronto Area
Typical Profile
  • 35–50 Seats
  • Loyal Clientele
  • Catering Revenue
  • Typical Annual Revenue: $570K–$730K
Indicative Market Range
$370K–$470K

Illustrative example — not an active listing.

Ask About Current Opportunities →
Quick Service Restaurant
Illustrative Market Profile
Burger & Grill QSR
Brampton Area
Typical Profile
  • Drive-Thru Capable
  • Strong Delivery Revenue
  • Typical Annual Revenue: $790K–$1.0M
Indicative Market Range
$600K–$760K

Illustrative example — not an active listing.

Ask About Current Opportunities →
Banquet Hall & Catering
Illustrative Market Profile
Banquet Hall
Hamilton Area
Typical Profile
  • 300-Person Capacity
  • Full Catering Kitchen
  • AGCO
  • Typical Revenue: $2.1M–$2.7M
Indicative Market Range
$1.8M–$2.4M

Illustrative example — not an active listing.

Ask About Current Opportunities →
Ethnic / Specialty Restaurant
Illustrative Market Profile
South Asian Restaurant
Vaughan Area
Typical Profile
  • 70–90 Seats
  • Established Community Clientele
  • Catering
  • Typical Revenue: $1.0M–$1.2M
Indicative Market Range
$660K–$840K

Illustrative example — not an active listing.

Ask About Current Opportunities →
Sports Bar & Grill
Illustrative Market Profile
Sports Bar & Grill
Burlington Area
Typical Profile
  • 140–180 Seats
  • Full AGCO Patio
  • Live Events
  • Typical Annual Revenue: $1.9M–$2.5M
Indicative Market Range
Available on request

Illustrative example — not an active listing.

Ask About Current Opportunities →

How Restaurants Are Actually Valued in Southern Ontario

Understanding how a restaurant is priced helps you make a confident, data-driven acquisition decision.

Key Financial Metrics

Annual Revenue (Gross Sales)Top Line
Food & Beverage Cost %COGS
Labour Cost %Operations
EBITDA (Normalized)Profitability
Revenue Multiple (SDE)Valuation
Lease Term RemainingRisk Factor
Transferable AGCO LicenceLicense Value
Equipment Condition & AgeCap-Ex Risk

Typical Restaurant Pricing by Type

Quick Service (QSR) / Takeout$200K–$600K
Cafe / Coffee Shop$250K–$700K
Casual Dining (60–100 seats)$500K–$1.5M
Full-Service (AGCO Licensed)$800K–$2.5M
Sports Bar / Nightclub$1M–$3M
Banquet Hall / Event Venue$1.5M–$5M
Franchise Resale (QSR Brand)$400K–$2M

What to Know Before Buying a Restaurant in Southern Ontario

Yes — AGCO licences are transferable upon change of ownership, subject to AGCO approval. The process typically takes 4–8 weeks. We recommend applying for the transfer early in the closing process to avoid gaps in service. Our team guides you through this process as part of the acquisition.
Key due diligence includes: reviewing 3 years of tax returns and financial statements, verifying POS sales reports, inspecting equipment and hood systems, reviewing the lease terms, confirming all municipal and health permits, validating staffing structure and payroll, and having the kitchen equipment appraised. Our team provides a due diligence checklist specific to restaurant acquisitions.
Not necessarily. Many successful restaurant buyers hire experienced operators or retain key management staff. However, having some familiarity with food service operations greatly reduces your learning curve. We can connect you with industry consultants and help you assess whether the existing team is strong enough to carry operations post-acquisition.
Restaurants in Southern Ontario typically trade at 1.5x to 3.5x annual revenue, or 2x to 4x EBITDA, depending on size, concept, licence status, lease security, and profitability. Licensed, profitable restaurants with long lease terms command premium multiples. Struggling or unlicensed operations trade at lower multiples.
Our buyer representation is completely free to you. Our fee is paid by the seller as part of the transaction. You receive full professional guidance including access to listings (including off-market), financial analysis, offer structuring, negotiation support, and closing coordination — at zero cost to the buyer.

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✓ No Buyer Fees — Ever
✓ Off-Market Listings Available
✓ AGCO Licence Guidance Included
✓ Full Financial Disclosure Under NDA
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