Successful Restaurant For Sale
Location Ontario,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1985
Number of Employees 10 - 19
Inventory $120000 included in price
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Negotiable.
Reason for Sale Retirement.
Description Restaurant plus option for home/additional land for sale.
This restaurant consists of approximately 160 seats, divided into 3 sections (section 1-features a beautiful waterfall, section 2-features a gas fireplace, section 3-features an oak bar) large kitchen makes prep work very convenient and efficient. Restaurant has 2 walk-in coolers and 1 walk-in freezer. Prime business location with high traffic. Size of property-165' x 330'.
Restaurant will be sold with contents including furniture, equipment and inventory for $995,000.
The site also has 3 more parcels of land with a 4,500 sq foot home and 2 parcels being vacant, ready to build on. Ideal for hotel/motel or franchise. Approx size of entire section is 495' frontage with high business volume by 1,295' deep; approx 12.9 acres.
Total property can be purchased for $2.2 million. This is prime land with high traffic volume located in Sault Ste. Marie, Ontario Canada.
Email or call John at 705-987-0877 for more information on this restaurant for sale.
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