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$299,000
Available - For Sale
Listing ID: X11824278
Here's your opportunity to own an existing and iconic restaurant in the desirable community of Sturgeon Falls located on the TransCanada Highway of West Nipissing. This landmark comes with 1 bar, 1 restaurant, 1 banquet hall, and 1 drive thru. The well established Gervais Restaurant has been serving up family fare to the community since 1955 and has been operated by the same family for the last 25 years. The restaurant, bar, banquet hall and drive thru will all be available vacant on possession. With an incredible liquor license capacity of 441, the opportunities are endless for growing your business including ample parking that surrounds the property. The restaurant can be converted to a new brand or stay the same. The kitchen is equipped with 3 exhaust hoods with fire suppression, plenty of storage, large walk in fridge and freezers, large dish area and prep area, offices, and everything required to facilitate your restaurant needs. Strong consistent sales ready for new ownership. **EXTRAS** * Restaurant = 900 sf * Country Style = 1118 sf * Dining Room = 3638 sf * Bar = 2126 sf * BOH = 3802 sf * LLBO = 441 * Gross Lease = $12,500 + HST * Pylon Signage * Drive Thru Available * 65 Parking Spots *
Price $299,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Owner
Address: 169 Front St , West Nipissing, P2B 2H9, Ontario
Postal Code: P2B 2H9
Province/State: Ontario
Lot Size: 264.01 x 195.5 (Feet)
Directions/Cross Streets: FRONT ST & MICHAUD ST
Zoning: C2
Category: Without Property
Use: Other
Building Percentage: Y
Total Area: 11,565
Total Area Code:  Sq Ft
Retail Area: 100
Retail Area Code: %
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 5
Hours Open: 7am - 8
Employees #: 20
Seats: 441
LLBO: Y
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

169 Front St , West Nipissing, P2B 2H9, Ontario


 
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Type: Com - Sale Of Business
Area: Nipissing
Municipality: West Nipissing
Neighbourhood: Sturgeon Falls
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Lot Size: 264.01 x 195.50(Feet)
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