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$99,999
Status: For Sale
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X10425917 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :15 Nov, 2024 (2 Days ago) |
| Source | :TRREB |
| Area | :Niagara |
|---|---|
| Postal Code | :
L2A 2S3
|
| Price | : $99,999 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2023 |
|---|
| Cross Street | :JARVIS ST & KLAUCK ST |
|---|
15 Nov, 2024
TREB #X10425917
Available
$99999.0
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