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$180,000
Available - For Sale
Listing ID: X11937430
Don't miss the opportunity to own a highly successful and well-loved plant-based restaurant in Sault Ste. Marie, Ontario. Specializing in delicious and nutritious plant-based cuisine, this thriving business is strategically located in a high-traffic street within a vibrant and growing community. The restaurant boasts steadily increasing revenue, driven by a strong and loyal customer base, a stellar reputation, and low overhead costs, making it a highly profitable investment. It operates with a well-trained, experienced staff, ensuring seamless day-to-day operations and a smooth transition for new ownership. With a long-term lease in place, the business offers stability and significant potential for expansion in the rapidly growing plant-based food industry. Additionally, buyers may benefit from government incentives available for businesses in Northern Ontario, providing further financial advantages. Whether you're an aspiring entrepreneur or an experienced restaurateur, this is a rare opportunity to own a thriving business in a market with immense growth potential. Act now to take advantage of this exciting opportunity and be part of the plant-based revolution! **EXTRAS** Food Cost: Approx. 30-32%, Labor Cost: Approx. 21%, NO ROYALTY. LOW RENT, LONG TERM LEASE.
Price $180,000
Taxes: $2,025
Tax Type: T.M.I.
Occupancy by: Owner
Address: 685 Queen St E St , Sault Ste Marie, P6A 2A6, Ontario
Postal Code: P6A 2A6
Province/State: Ontario
Lot Size: 26.99 x 103.12 (Feet)
Directions/Cross Streets: QUEENT ST E & EAST ST
Zoning: B6S COMMERCIAL
Category: Without Property
Use: Restaurant
Retail Area: 2065
Retail Area Code: Sq Ft
Area Influences: Major Highway   Rec Centre
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 09
Employees #: 3
Seats: 70
LLBO: Y
Outside Storage: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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ELIXIR REAL ESTATE INC.

685 Queen St E St , Sault Ste Marie, P6A 2A6, Ontario


 
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Type: Com - Sale Of Business
Area: Algoma
Municipality: Sault Ste Marie
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Lot Size: 26.99 x 103.12(Feet)
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