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Successful Restaurant For Sale
Location: Canada -> Ontario -> Sault Ste Marie
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

Restaurant plus option for home/additional land for sale.

This restaurant consists of approximately 160 seats, divided into 3 sections (section 1-features a beautiful waterfall, section 2-features a gas fireplace, section 3-features an oak bar) large kitchen makes prep work very convenient and efficient. Restaurant has 2 walk-in coolers and 1 walk-in freezer. Prime business location with high traffic. Size of property-165' x 330'.

Restaurant will be sold with contents including furniture, equipment and inventory for $995,000.

The site also has 3 more parcels of land with a 4,500 sq foot home and 2 parcels being vacant, ready to build on. Ideal for hotel/motel or franchise. Approx size of entire section is 495' frontage with high business volume by 1,295' deep; approx 12.9 acres.

Total property can be purchased for $2.2 million. This is prime land with high traffic volume located in Sault Ste. Marie, Ontario Canada.

Email or call John at 705-987-0877 for more information on this restaurant for sale.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $120000 included in price
Seller Financing:  Not Disclosed

About The Business

Year Established:  1985
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Negotiable.
Reason For Selling:  Retirement.

Print Listing Id: 700144589
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Ontario Businesses For Sale > Ontario Franchises For Sale

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