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$550,000
Available - For Sale
Listing ID: E12315612
Located at the prime location of Windfields, Oshawa N, Palm Court Restaurant is a well established and beloved dining destination offering a warm, inviting atmosphere and a menu full of delicious, high-quality dishes and the LLBO license, offering a wide range of beverages and cocktails. The restaurant boasts of its loyal customer base and a prime location in the bustling windfields area, making it an incredible opportunity for a passionate entrepreneur or restaurateur looking to take over a thriving business. Situated on a busy Simcoe St N, the restaurant enjoys high visibility and steady foot traffic, and is known for great food, friendly service, and cozy ambience, which has built a strong local following. The restaurant is 2800 Sq ft. It has a setup that supports 2 kitchens for different cuisines. Rent $12043 (Includes base rent &TMI). 10 Year lease commenced in February 2021. Hence 5 years, 7 months remaining on lease. Seating: Dining Section-56; Bar Section seats 38, Total Liquor license (LLBO) capacity is 90. Restaurant opened April 2022, Business age is 3 years, 3 months. All Equipment is owned. Currently 10 Employees.
Price $550,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 2620 Simcoe Stre North , Oshawa, L1L 0R1, Durham
Postal Code: L1L 0R1
Province/State: Durham
Directions/Cross Streets: Windfields & Simcoe
No. of Pieces Level
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Category: Without Property
Use: Restaurant
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 11:00PM
Employees #: 10
Seats: 84
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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ZOLO REALTY

2620 Simcoe Stre North , Oshawa, L1L 0R1, Durham


 
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Type: Com - Sale Of Business
Area: Durham
Municipality: Oshawa
Neighbourhood: Windfields
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Tax: $0
Maintenance Fee: $0
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