Exciting Opportunity To Own A Thriving, Established Restaurant With Strong Monthly Sales Of Approximately $20,000 And A Solid Annual Gross Sales Record Of $400,000 From Last Year. Located In A High-Traffic Area, This Popular Venue Boasts A Spacious Indoor Dining Area With A Seating Capacity Of180, Plus An Inviting Outdoor Patio That Accommodates 40 Additional Guests Ideal For Seasonal Dining. Operating On A Favorable 5-Year Lease Term With An Option To Extend, The Monthly Rent Of $5,900 Ensures A Stable Cost Structure For New Ownership. The Restaurants Sales Are Well-Diversified, With 80%Generated From Food And 20% From Beverages, Catering To A Wide Range Of Customer Preferences. The Business Holds An LLBO License, Allowing Full Service Of Alcoholic Beverages, And Offers Franchise Options For Those Interested In Expansion Potential.
Mls | X10425917 |
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Listing Type | For Sale |
Subtype | Resale |
Status | New |
Days On Site | 17 |
Listing Provided By | ROYAL LEPAGE CERTIFIED REALTY | Not Provided |
Sq Feet | 4,338 |
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State | ON |
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County | Niagara |
City | Fort Erie |
Zip Code | L2A |
Listing VS Median (in L2A) | |
Price: $99,999 low | high Med: $249,950 SqFt: 4,338 low | high Med: 69,948 $ / SqFt: $23 low | high Med: $13 On Site: 17 low | high Med: 126.500000 |