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$99,999
Available - For Sale
Listing ID: X10425917
Exciting Opportunity To Own A Thriving, Established Restaurant With Strong Monthly Sales Of Approximately $20,000 And A Solid Annual Gross Sales Record Of $400,000 From Last Year. Located In A High-Traffic Area, This Popular Venue Boasts A Spacious Indoor Dining Area With A Seating Capacity Of180, Plus An Inviting Outdoor Patio That Accommodates 40 Additional Guests Ideal For Seasonal Dining. Operating On A Favorable 5-Year Lease Term With An Option To Extend, The Monthly Rent Of $5,900 Ensures A Stable Cost Structure For New Ownership. The Restaurants Sales Are Well-Diversified, With 80%Generated From Food And 20% From Beverages, Catering To A Wide Range Of Customer Preferences. The Business Holds An LLBO License, Allowing Full Service Of Alcoholic Beverages, And Offers Franchise Options For Those Interested In Expansion Potential.
Price $99,999
Taxes: $0
Tax Type: N/A
Occupancy by: Tenant
Address: 41 Jarvis St , Fort Erie, L2A 2S3, Ontario
Postal Code: L2A 2S3
Province/State: Ontario
Directions/Cross Streets: JARVIS ST & KLAUCK ST
Zoning: COMMERCIAL
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 4,338
Total Area Code:  Sq Ft
Retail Area: 4338
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 66
Employees #: 11
Seats: 220
LLBO: Y
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE CERTIFIED REALTY

41 Jarvis St , Fort Erie, L2A 2S3, Ontario

Personal Picture
Freda Ziba
Sales Representative
Dir:
647-997-2120
Bus:
905-764-7111
Fax:
905-764-1274

 
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Type: Com - Sale Of Business
Area: Niagara
Municipality: Fort Erie
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Maintenance Fee: $0
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Freda Ziba
Century 21, Heritage Group LTD. , Brokerage
7330 Yonge Street
Thornhill , ON , L4J7Y7
CONTACT FREDA ZIBA
Cell: 647-997-2120
Office: 905-764-7111
Email: fzibahomes@gmail.com