Sell your restaurant or hospitality business

In most cases, yes. In Ontario, a transfer approved by the Registrar is required when a person comes to hold or control 10 percent or more of the shares of the licensee or its controlling corporation, and when an officer or director is added or removed. Selling a restaurant

Yes, once the buyer has filed the transfer application and paid the fee, and the seller has filed a signed authorization with the Registrar. The seller remains liable under the licence until the transfer is issued.

For stays beginning August 1, 2026, the Toronto rate is 6 percent, following the end of a temporary rate of 8.5 percent. The tax is itself subject to HST, returns are due monthly, and rates differ in other municipalities.

Owner operators acquiring an established location, multi-unit restaurant groups adding sites or concepts, franchisees expanding their territory, and investors acquiring hotels, motels and lodges. Prime cost and the remaining term of the lease are what each of them reviews first.

Yes. In Ontario, a licence to operate a liquor consumption premises may be transferred to another person with the approval of the Registrar. A transfer is refused while a monetary penalty against the licence remains outstanding.

A person who intends to operate a food premises in Ontario must notify the medical officer of health before opening, and a certified food handler or supervisor must be on site during every hour of operation. Inspection history forms part of buyer due diligence.