Thriving Restaurant in Prime Eastern Ontario Location
A rare chance to own a highly successful and long-standing restaurant with an esteemed history dating back to 1964. Perfectly positioned on the main road of a vibrant, high-traffic community, this restaurant has built a stellar reputation with a 4.5-star rating on Google Reviews and enjoys a loyal clientele of locals and tourists throughout the year. It offers a well-rounded, diverse menu featuring breakfast items, sandwiches, wraps, pizzas, Italian dishes, hearty mains, snacks, appetizers, and beverages, catering to a wide range of tastes.
Extensive recent upgrades have been completed, including modernized washrooms, updated air conditioning and heating systems, a new hot water tank, and robust security enhancements - making this a true turn-key opportunity. The business also accommodates a variety of service options such as curbside pickup, delivery, and partnerships with platforms like Uber Eats.
Priced competitively at $425,000, this opportunity also includes the option to purchase the building and land for a combined total of $690,000. The current owner is motivated to sell and seeks a passionate buyer to continue the legacy of this beloved establishment. Financing options are available, making this an accessible and lucrative prospect for the right entrepreneur.
Financials (USD)
Asking Price $425,000
Cash Flow $217,000
Sales $752,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? No
Relocatable? No
Real Estate? No
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
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