$349,900
Available - For Sale
Listing ID: X13583974
625 TALBOT Street , St. Thomas, N5C 1C6, Elgin


A fantastic opportunity to own an established, independent restaurant in downtown St. Thomas. Known as "The Bistro" since 2015, this hotspot has been a successful restaurant location for over 23 years. This is a business-only sale, making it an affordable, turnkey setup for a new owner or chef to step right in and start cooking from day one.The clean, beautifully maintained 3,500+ sq. ft. space is fully licensed under the LLBO and comfortably seats 116 guests. With no franchise fees, you have 100% control over your menu, branding, and hours. The business operates 7 days a week with a highly competitive lease in place until May 2027 at just $3,200.00 + HST/month.All commercial kitchen equipment, furniture, and fixtures are included in the purchase price.
Price $349,900
Taxes: $8028.00
Tax Type: Annual
Occupancy: Owner
Address: 625 TALBOT Street , St. Thomas, N5C 1C6, Elgin
Postal Code: N5C 1C6
Province/State: Elgin
Legal Description: LT 7&8 PL 62 ST THOMAS
Directions/Cross Streets: On the north side of Talbot St east of Princess Ave and west of Ross 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
Total Area: 3500.00
Total Area Code:  Square Feet
Retail Area Code: %
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 11am-9p
Employees #: 6
Seats: 116
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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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.
KING REALTY INC.
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Com - Sale Of Business
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $8,028
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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