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Thriving Low Rent Busy Restaurant Opportunity For Sale

Kingsville, Ontario, Canada
Asking Price:
$595,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$100K - $250K (CAD)

Beautifully located in the booming town of Kingsville Ontario across from Lake Erie. 3000sq.ft. Fully licensed for 77 inside and newly expanded patio (biggest in town!). Full service offering breakfast, lunch, and dinner (delivery available through Skip The Dishes & Feastify). Big social media presence with a 5 star rating on Facebook, 4.5 on Google, and 4.6 on Sirved.
Over one million in gross sales! Current rent ONLY $2000/month + utilities + taxes (approx. $375). Currently signing new lease for 5 years @ $2300/month.Excellent opportunity for Chef or partners to own and operate.

Please note attached is a Non disclosure agreement form to be completed for detailed information.

*Unique opportunity to also purchase owner/operator’s 3 yr old townhouse directly across the street from the restaurant*

Property Information

Real Estate:

Lease

Lease Terms:

5

Leasehold Rent:

$24,000 (CAD) per annum

Location:

Kingsville Ontario, Canada.

Premises Details:

Free standing building on a corner lot across from Lake Erie

Size in square feet:
3,000

Business Operation

Expansion Potential:

Newly expanded patio with further opportunities to expand operations.

Reasons for selling:

Owner looking to retire.

Trading hours:

Sunday-Thursday 8am-8pm. Friday-Saturday 8am-9pm.

Employees:
13-25
Years established:
4

Other Information

Support & training:

TBD

Furniture / Fixtures value:
$80,000 (CAD) - included in the asking price
Inventory / Stock value:
$16,000 (CAD) - included in the asking price
Website:
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Related Documents:

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