Popular Local Bar and Restaurant

Popular Local Bar and Restaurant

Popular Local Bar and Restaurant

LISTING DETAILS

Listing ID: 3188
Type of Sale: Asset
MLS Code: Exclusive
Industry: Restaurant / Bar
Reason for Sale: Retiring
Training & Support: Yes
Asking Price: $250,000

ASKING PRICE
$250,000
DESCRIPTION

A great opportunity to own an iconic bar and restaurant that has been operating for close to 40 years. The bar is known throughout the region for its live music 7 days a week and has been the genesis for start-up bands for decades. Customers flock to hear new music and regular bands who have been playing on the same night for years. The surrounding area is bustling full of eclectic bars, restaurants and shops.  This market attracts both business people for lunch to an over 30 crowd for dinner which then turns into a vibrant outdoor fiesta of music and food. This is the longest-standing business in the market. Consisting of the largest frontage onto the street and a 100+ seat outdoor patio, some of which is covered with its own outdoor bar and could be closed in to add more year-round seats. This is an opportunity to own a piece of land and a building just west of the GTA, with a reputation for attracting crowds for over 4 decades. Listing ID: 3188

COMPANY INFORMATION

Year Established: 1985

Employees: 20
Franchise: No
Square Footage: 2,875 sq ft

FINANCIAL INFORMATION

Gross Revenue: $488,000
SDE: N/A

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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