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In-PersonVirtual Tour
$ 99,999
Est. payment | /mo
4,338 SqFt
$ 99,999
Est. payment | /mo
4,338 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,338 sqft
Price per Sqft $23
MLS Listing ID X10425917
Tax Year 2023
Property Description
Exciting Opportunity To Own A Thriving, Established Restaurant With Strong Monthly Sales Of Approximately $20,000 And A Solid Annual Gross Sales Record Of $400,000 From Last Year. Located In A High-Traffic Area, This Popular Venue Boasts A Spacious Indoor Dining Area With A Seating Capacity Of180, Plus An Inviting Outdoor Patio That Accommodates 40 Additional Guests Ideal For Seasonal Dining. Operating On A Favorable 5-Year Lease Term With An Option To Extend, The Monthly Rent Of $5,900 Ensures A Stable Cost Structure For New Ownership. The Restaurants Sales Are Well-Diversified, With 80%Generated From Food And 20% From Beverages, Catering To A Wide Range Of Customer Preferences. The Business Holds An LLBO License, Allowing Full Service Of Alcoholic Beverages, And Offers Franchise Options For Those Interested In Expansion Potential.
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Available
Listed by ROYAL LEPAGE CERTIFIED REALTY