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Prime Location Ottawa Restaurant Asset Sale For Sale

Ottawa, Ontario, Canada
Asking Price:
$300,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

Excellent opportunity to purchase an existing restaurant and lounge business with all its assets and operating. Then one can convert this location into their own concept with new name with minimal expenses after the fact. All equipment is in excellent working fashion and is fully operational today.

Details:

1900 square feet
Huge patio in back 60 seats
Licensed 72 inside seats 55
Front patio licensed 12
120 year old house situated in a prime location of downtown Ottawa.
$9571 per month all taxes in is the rent.

Term is a 2 year lease with a 5 year option.

$300k

This owner owns another location with same name outside of Ottawa and is growing at this location a great deal. So wants to focus on this location that is close to his home.

Inquire for more details

Property Information

Real Estate:

Lease

Lease Terms:

2 years remaining with a 5 year option

Location:

Downtown Byward Market

Premises Details:

1900 sq ft with two patios

Business Operation

Reasons for selling:

Owner owns another successful location outside of Ottawa and is focusing on that location close to his home.

Years established:
2017

Other Information

Support & training:

Excellent support and guidance from existing owner that will allow for a smooth transition.

Contact Top Shelf Franchising

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