Dimitri's Pizzeria and Restaurant

About This Business

Excellent opportunity to acquire a highly profitable independent pizza restaurant and bar in the heart of Frankford, Ontario. Dimitris Pizzeria & Restaurant is a well-established dine-in, takeout, catering, and licensed restaurant operation with a strong local reputation and loyal customer base. As the only full-service restaurant in town, the business benefits from consistent repeat clientele and limited direct competition. Generating approximately $1.15 million in annual gross sales (over $22,000 weekly), the business derives revenue from dine-in, takeout, catering, and cash sales. The operation delivers an estimated Seller's Discretionary Earnings (SDE) exceeding $200,000 annually, making it an attractive opportunity for owner-operators and experienced restaurateurs. The restaurant operates from leased premises with rent of approximately $5,480 per month including TMI and HST. Food costs are approximately 40% of sales, while labour costs are maintained at approximately 23%, supporting healthy operating margins. The fully equipped commercial kitchen, licensed bar, and spacious dining area are designed to accommodate families, groups, private functions, and community gatherings. The current lease extends until July 10, 2033, providing long-term stability and security for the next owner. With strong revenues, established operations, experienced staff, and significant local market presence, this turnkey business offers immediate cash flow and continued growth potential.

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