Successful Restaurant For Sale
www.GlobalBX.com
Listing ID:
700144589
Listing Title:
Successful Restaurant For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=144589
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
Canada
State / Province:
Ontario
Area
City:
Sault Ste Marie
Asking Price Range:
$500K - $1.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
EBITDA
Year Established:
1985
Number of Employees:
10 - 19
Business Description:
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.
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