$95,000
Available - For Sale
Listing ID: X12091980
685 Queen Stre East , Sault Ste Marie, P6A 2A6, Algoma
| Don't miss the opportunity to own well-loved restaurant in Down town area at Sault Ste. Marie, Ontario. Specializing in delicious and nutritious plant-based cuisine, this thriving business is strategically located in a high-traffic street within a vibrant and growing community. Also with LLBO license. With a long-term lease in place, the business offers stability and significant potential for expansion in the rapidly growing plant-based food industry. Additionally, buyers may benefit from government incentives available for businesses in Northern Ontario, providing further financial advantages. Whether you're an aspiring entrepreneur or an experienced restaurateur, this is a rare opportunity to own a thriving business in a market with immense growth potential. Act now to take advantage of this exciting opportunity and be part of the plant-based revolution! **EXTRAS** Food Cost: Approx. 30-32%, Labor Cost: Approx. 21%, NO ROYALTY. RENT 3000 INCLUDING TMI + HST, LONG TERM LEASE.AND Restaurant Can be Rebranded Converted to Any Other Restaurant. |
| Price | $95,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 685 Queen Stre East , Sault Ste Marie, P6A 2A6, Algoma |
| Postal Code: | P6A 2A6 |
| Province/State: | Algoma |
| Legal Description: | PT LT 1 S/S QUEEN ST PL 732 SAYER'S ST. |
| Directions/Cross Streets: | QUEENT ST E & EAST ST |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | T |
| Total Area: | 2065.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 5 PM To |
| Employees #: | 3 |
| Seats: | 70 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| HOMELIFE/MIRACLE REALTY LTD |
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|
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Algoma |
| Municipality: | Sault Ste Marie |
| Neighbourhood: | West |
| Fireplace: | N |
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