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Businesses For Sale   >>   Ontario Businesses For Sale Categories   >>   

Gorgeous Restaurant With Apartment For Sale

Location  Ontario,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $500000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2004
Number of Employees  10 - 19
Inventory  125000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Will train
Reason for Sale  Have other interests
Description  One of Niagara's premier restaurants along the Welland Canal is for sale. Completely redone over the past 7 years top to bottom with an executive apartment above the restaurant. Tenant is now renting 1 bedroom at $895/mth all in, plus there is an office and another bedroom being used for storage (was used as 3 bedroom apartment for 4 years). Open for lunch 4 days a week, and dinner 5 days a week, with sales of $500,000. Could make a lot more by extending hours 7 days a week. Written up in numerous magazines, and featured on CHCH tv. Casual fine dining restaurant, with great staff who would love to stay. Covered patio, watch the ships go by. New lounge with flat screen tv's for later menu/hours. Business is in Niagara Region NOT Niagara Falls.
Click Here To Contact Seller

    

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