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$44,900
Available - For Sale
Listing ID: X13750226
Turn-Key Restaurant Opportunity - Established, Profitable, and Ready to Grow. A rare chance to own a long-running, turn-key restaurant with a loyal customer base and proven systems already in place - start generating income from day one. Located on a busy main street with heavy foot traffic and strong online ordering sales, this business has thrived for years and is only being offered for sale as the current owner pursues other ventures.The lease is a standout feature of this opportunity, offering exceptional terms with the flexibility to extend or expand. The adjacent unit is expected to become available soon, opening the door to add table seating alongside the current bar-style seating - a natural next step for growth. There's also clear upside for a new owner to capture the breakfast crowd by opening earlier.Surrounded by round-the-clock pedestrian traffic in a rapidly developing neighbourhood, this location is only gaining momentum. A fantastic opportunity for an owner-operator or investor looking for a business with real upside.
Price $44,900
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 1196 Bank Street , Glebe - Ottawa East and Area, K1S 3Y1, Ottawa
Postal Code: K1S 3Y1
Province/State: Ottawa
Directions/Cross Streets: Bank St., between Grove Ave. and Chesley Ave.
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Category: Without Property
Use: Restaurant
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 12
Employees #: 1
Seats: 4
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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ROYAL LEPAGE INTEGRITY REALTY

1196 Bank Street , Glebe - Ottawa East and Area, K1S 3Y1, Ottawa

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4403 - Old Ottawa South
Style:
Lot Size: x 77.91(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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