Guide to Buying a Restaurant in Canada: What to Check, Practical Information, and Insider Tips
Buying a restaurant in Canada requires checking at least 15 critical areas before you sign, and missing even one can turn a promising opportunity into a financial disaster. The process takes roughly 60 to 90 days of thorough investigation and typically costs between $5,000 and $15,000 in professional fees, but this investment protects you from inheriting hidden debts, expired licences, or equipment that’s about to fail.
Most prospective buyers focus heavily on the menu and décor while overlooking foundational issues like lease terms, equipment condition, and municipal compliance. Sarah Chen, who purchased a thriving …
