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$349,999
Available - For Sale
Listing ID: X11993830
This well-established restaurant and bar generates impressive annual sales. It is fully equipped and turnkey, making it ready for both restaurant and bar services. Located in a prime area, the business benefits from ample customer parking. The rent is highly affordable at just $6,100 per month, which includes TMI and HST. A secure lease is in place with a 5-year term and an additional 5-year renewal option. The spacious dining area comfortably accommodates 75 guests. The business is also set up for takeout and delivery, providing additional revenue opportunities. To ensure a smooth transition, owner training is included. This is a fantastic opportunity to own a thriving restaurant and bar with a strong customer base. Don't miss out!
Price $349,999
Taxes: $0
Tax Type: N/A
Monthly Condo Fee: $0
Occupancy by: Owner
Address: 20 Ontario Stre , Port Hope, L1A 2T7, Northumberland
Postal Code: L1A 2T7
Province/State: Northumberland
Lot Size: 19.69 x 99.26 (Feet)
Directions/Cross Streets: Ontario St / Walton St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Without Property
Use: Restaurant
Total Area: 1,927
Total Area Code:  Square Feet
Retail Area: 1927
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: Friday
Employees #: 5
Seats: 75
LLBO: Y
Maintenance: 0
Expenses Actual/Estimated: $Act
Sprinklers: Yes
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD

20 Ontario Stre , Port Hope, L1A 2T7, Northumberland


 
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At a Glance:
Type: Com - Sale Of Business
Area: Northumberland
Municipality: Port Hope
Neighbourhood: Port Hope
Style:
Lot Size: 19.69 x 99.26(Feet)
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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