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$250,000
Available - For Sale
Listing ID: X12011248
Established, Fully Renovated Restaurant with Brand-New Equipment & Endless Potential! Take ownership of a thriving, long-standing restaurant that's ready to generate income from day one! Situated on a high-visibility main street, this well-established business boasts a loyal customer base, efficient systems, and a strong presence on online ordering platforms. A proven success story, it's now seeking its next visionary owner as the current proprietor moves on to new ventures.This turnkey opportunity features a flexible lease with extension options, along with unlimited rear parking for added convenience. Unlock even more potential by capturing the lunch crowd with earlier hours or transforming the front parking area into a charming patio to elevate the dining experience.Surrounded by major developments and a growing population, this prime location is bursting with opportunity. Whether you're an experienced entrepreneur or a first-time restaurateur, this is your chance to step into a business with built-in momentum. Don't miss out, make it yours and start growing today! (no liquor license). 5+5 years renewal available. Monthly lease: 1st yr: July 1, 2024 to June 30, 2025 - $3145.88 + hst $408.97 = Total: $3554.85, 2nd yr: July 1, 2025 to June 30, 2026 - $3224.53 + hst $419.19 = Total $3643.72.
Price $250,000
Taxes: $408.67
Tax Type: Annual
Occupancy by: Owner
Address: 1489 MERIVALE Road , Cityview - Parkwoods Hills - Rideau Shor, K2E 5P3, Ottawa
Postal Code: K2E 5P3
Province/State: Ottawa
Directions/Cross Streets: Baseline to Merivale
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Without Property
Use: Restaurant
Total Area: 980
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Hours Open: 2 pm to
Employees #: 2
Seats: 15
Maintenance: 0
Heat Type: Gas Forced Air Open
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: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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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.
RE/MAX HALLMARK REALTY GROUP

1489 MERIVALE Road , Cityview - Parkwoods Hills - Rideau Shor, K2E 5P3, Ottawa


 
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Type: Com - Sale Of Business
Area: Ottawa
Municipality: Cityview - Parkwoods Hills - Rideau Shor
Neighbourhood: 7201 - City View/Skyline/Fisher Heights/Park
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Lot Size: 0.00 x 0.00(Feet)
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Tax: $408.67
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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