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

Family Licensed Restaurant For Sale

Location  Ontario,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $75000
Net Profit / Cash Flow  $50000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1990
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Description  This well established Family Restaurant is the only licensed dining room in Manitouwadge with seating for 78 persons. Restaurant completely furnished with all appliances, including a large pizza oven, and loads of catering equipment. All equipment owned with no rentals. Both Fire and Health inspections are up to date. Fully trained staff both kitchen and floor. Recently renovated 1600 sq ft residence located above the restaurant. Entire building, up and down, is ready to move in and take over this successful business. Owners want to retire after 10 years in operation. Asking price includes the land, building and business with all equipment and chattels. Financials available on request. Make an offer! For exact location look up Manitouwadge, ON on Google maps Property taxes $6,000. Asking price $299,000 Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage RR2, Box 174, Victoria Harbour, ON, L0K 2A0 phone 705-543-1341
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