$299,000
Available - For Sale
Listing ID: X11824278
169 Front St , West Nipissing, P2B 2H9, Ontario
| Here's your opportunity to own an existing and iconic restaurant in the desirable community of Sturgeon Falls located on the TransCanada Highway of West Nipissing. This landmark comes with 1 bar, 1 restaurant, 1 banquet hall, and 1 drive thru. The well established Gervais Restaurant has been serving up family fare to the community since 1955 and has been operated by the same family for the last 25 years. The restaurant, bar, banquet hall and drive thru will all be available vacant on possession. With an incredible liquor license capacity of 441, the opportunities are endless for growing your business including ample parking that surrounds the property. The restaurant can be converted to a new brand or stay the same. The kitchen is equipped with 3 exhaust hoods with fire suppression, plenty of storage, large walk in fridge and freezers, large dish area and prep area, offices, and everything required to facilitate your restaurant needs. Strong consistent sales ready for new ownership. |
| Extras: * Restaurant = 900 sf * Country Style = 1118 sf * Dining Room = 3638 sf * Bar = 2126 sf * BOH = 3802 sf * LLBO = 441 * Gross Lease = $12,500 + HST * Pylon Signage * Drive Thru Available * 65 Parking Spots * |
| Price | $299,000 |
| Taxes: | $0.00 |
| Tax Type: | T.M.I. |
| Occupancy by: | Owner |
| Address: | 169 Front St , West Nipissing, P2B 2H9, Ontario |
| Postal Code: | P2B 2H9 |
| Province/State: | Ontario |
| Lot Size: | 264.01 x 195.50 (Feet) |
| Directions/Cross Streets: | FRONT ST & MICHAUD ST |
| Category: | With Property |
| Use: | Restaurant |
| Building Percentage: | Y |
| Total Area: | 11565.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 100 |
| Retail Area Code: | % |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 5 |
| Hours Open: | 7am - 8 |
| Employees #: | 20 |
| Seats: | 441 |
| LLBO: | Y |
| Sprinklers: | Y |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
|
|
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Nipissing |
| Municipality: | West Nipissing |
| Lot Size: | 264.01 x 195.50(Feet) |
Locatin Map:
Payment Calculator:
