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Commercial / Residential Space For Sale
Location Ontario,Canada
Asking Price Range $250K - $500K
Gross Revenues $280000
Net Profit / Cash Flow $148000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1953
Number of Employees 4 - 5
Inventory $125000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Absolutely
Description Want to get out of the city? Are you a Chef that has dreamed of owning your own place? A perfect place to raise a family and run your business. This place is for you! Only 2 hours East of Toronto. The next Muskoka - get in early! Large lake across highway and many other lakes close by. Great area for fishing and hunting. Nearest town is 3 km east. Currently successfully operating year round as bar/restaurant/banquet hall. (Existing LCBO License). Could be a seasonal operation if u don't want a year round comittment. Could be used for any business (retail store, car dealership,manufacturing -whatever you wanted or continue running as bar/restaurant.). 4,000 sq ft banquet hall, 1,500 sq ft 3 bdrm. apartment upper level, 3,000 sq ft restaurant. Included in price is 2.5 acre residential lot. Build your dream home, or build behind the commercial property (5.9 acres.) 400 ft highway frontage. Average daily traffic on Highway is 4,700. ETR expanding to reach Hwy 115 which will increase traffic significantly. Plenty of parking, easy access in and out to highway. Parking lot redone in 2009 along with many. many upgrades. Too many to list. Located on major hwy between Toronto and Ottawa. Asking price $360,660. PRICE REDUCED JUNE 2012 TO $289,900. MOTIVATED SELLER. Call at 416-780-1435 for more information on this commercial / residential space for sale. Cheers
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