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A Great Business Opportunity… Restaurant/bar!!! for Sale

(ID# 275)

Financials

Asking Price: Undisclosed
Sales Revenue: Undisclosed
Net Profit: $200,000

Business Summary

$200,000.00 NET!!!! This booming money maker is located 1 block away from Lake Huron on the main drag -- you can see the water from the establishment. The restaurant/bar is licensed for 416 people including the beautiful patio which is licensed for 108 people. This location is massive with a total square footage of approximately 8417. There are 2 huge apartments on the second floor that are over 1250 square feet each and the one has two bathrooms. There are 3 dining areas on the main floor, 2 nice bars; all of the equipment is included in the price. The kitchen is a full scaled production area which can cater to many different events. There is an area for live entertainment which would attract many different types of people and functions -- really great for business. For this price you get it all -- the business, equipment, land, and building. There is a lot of development in the area and the town is booming 8 months out of the year -- and what an advantage to have a place that is located only a block away from the water on the main drag. The new owners could live on site and save a ton on living expenses. This is a great business opportunity. MLS # is x1361566. Visit www.gtaavailablerealestate.com/southhampton.html for more information and to view pictures of the location. You can also contact Tom Downey, Realtor @ Available Real Estate Inc. Brokerage: 416.604.0350.

Property/Location

Real Estate: Real Property
Accommodation: There are 2 huge apartments on the second floor that are over 1250 square feet each and the one has two bathrooms.
Location: 1 block away from Lake Huron on the main drag
Lease Terms: n/a

Other Information

Financing: The owner will consider a second mortgage of $400,000.00 dollars to the right buyer.
Website: www.gtaavailablerealestate.com/southhampton.html

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