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$2,499,000
Available - For Sale
Listing ID: X8049046
Excellent opportunity to own a luxurious sports bar/restaurant and an 18-room hotel located In downtown of Parry Sound. The property is 26,242 Sq Ft and approx. 20 parking spots & more in front & back of the Property. The half of the Property is occupied by the sports bar/ restaurant with seating capacity of 300 plus on main foor, 244 seats on 2nd Floor and 50 seats at the patio. Professional kitchen with 12 ft exhaust hood and tons of equipment, 4 washrooms, 2 walk-ins. Another half is hotel with 18 rooms and a master apartment. The owner has owned this property and business for 10 years. The management team and proft are very stable. The annual sales are $1.4 million and the net proft is about $320k with the owner hands-off. The Owner is planning to retire and sell this property and business. This property has a great potential.
Extras:   All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence
Price $2,499,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Owner
Address: 72 James St , Parry Sound, P2A 1T5, Ontario
Postal Code: P2A 1T5
Province/State: Ontario
Legal Description: PLAN 2 LOT 9 & PT LOT 10 W/S JAMES ST LO
Lot Size: 132.32 x 263.56 (Feet)
Directions/Cross Streets: Mary St / James St
Zoning: C1
Category: With Property
Use: Restaurant
Building Percentage: Y
Total Area: 26,242.39
Total Area Code:  Sq Ft
Approximatly Age: 51-99
Business/Building Name: Brunswick
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 8-11
Employees #: 15
Seats: 594
LLBO: Y
Sprinklers: Y
Volts: 250
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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ROYAL LEPAGE SIGNATURE REALTY

72 James St , Parry Sound, P2A 1T5, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Parry Sound
Municipality: Parry Sound
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Lot Size: 132.32 x 263.56(Feet)
Approximate Age: 51-99
Tax: $0
Maintenance Fee: $0
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Baths: 4
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