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Gorgeous Building/Restaurant/Executive Apt

Ontario

Financials


Asking:   $795,000
Revenue:   $450,000
Inventory:   Not Disclosed ()
Real Estate:   Not Disclosed ()
Cash Flow:   $95,000
FF&E:   $100,000

Business Summary


GORGEOUS WATERVIEW BUILDING TOTALLY RENOVATED WITH ONE OF THE AREAS TOP CASUAL FINE DINING RESTAURANTS. 16,000 CARS PER DAY DRIVE BY LOCATION. SALES APPROX 500,000 BUT WITH ADDITIONAL DAYS/HOURS THIS COULD BE EASILY INCREASED. ALL EQUIPMENT..MOSTLY NEW INCLUDED.RESTAURANT IN BUSINESS 8 SUCCESSFUL YEARS.3000SQT. 60 SEATS IN, COVERED FLAGSTONE PATIO FOR 30. WORK AND LIVE! IN ONE PLACE

General Information


Year Established: 2004

Employees: 12

Facilities and Assets:  $90.000 IN RENOVATIONS DONE...BUILDING IS COMPLETE. NEW 4 MILLION DOLLAR STREET REVITALIZATION COMPLETE. GROWING LAKEFRONT COMMUNITY. 3 BEDROOM APARTMENT. PRESENTLY BEING LEASED AS 1 BEDROOM WITH STORAGE ROOM AND OFFICE.

Year of Construction: 2004



Market Outlook


Competition: FEATURED ON CHCH TV, AND IN NUMBEOUS MAGAZINES. CLOSE TO US BORDER AND INFLUX OF US CUSTOMERS DURING THE SUMMER COTTAGE SEASON. YEAR ROUND BUSINESS. 950 new homes being built by Toronto Developer in this community, 35 Million dollar wellness centre completed Nov 2012

Growth and Expansion: BUSINESS OPERATES TUES-FRI LUNCH, TUES-SAT DINNER. SO A LOT OF OPPORTUNITY TO INCREASE HOURS AND REVENUE. GREAT OPPORTUNITY FOR MORE OUTSIDE CATERED EVENTS. A GREAT DEAL OF CATERING IN HOUSE IS DONE...SMALL WEDDINGS, ANNIVERSARIES, BUSINESS MEETINGS, ETC

About the Sale



Support/Training: OWNERS WILL TRAIN IF NEEDED FOR 1 MONTH

Reason Selling: OWNERS HAVE OTHER INTERESTS





Contact Information


owner

This business for sale has a web site : www.attwentyseven.com


Kazooga Ad # 101766   |   Type: Food & Beverage - Restaurants

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