Turn-Key Restaurant

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Turn-Key Restaurant

Asking Price: $198,000
Revenue: Undisclosed
Cash Flow: Undisclosed
EBITDA: Undisclosed
Reference # : 1397856
Business Category: Food & Beverage
Location: Ottawa, Ontario
Contact Number: (613) 829-1818
Views: 210
Description

Your opportunity to acquire the rights to a high-end turn-key restaurant space. Asset sale in a leased triple-A plaza.

The premises are an end cap unit with a covered outdoor patio on the side of the building. The space is 2076.3 square feet. The restaurant features a full open-concept commercial kitchen with a hood fan ventilation system, grease trap, dishwashing station, cooking equipment, and preparation stations plus a back office and two bathrooms.

All kitchen equipment and furniture are included in this sale. Rent is very reasonable with a fixed net rate below the current market value at $28 psf. A scheduled increase to $30 psf net will start in November 2024 and remain fixed for the balance of the term which ends on October 31, 2031.

The total monthly rent including all building operating costs and HST is currently $8,716.20. A stand-up refrigerator and a freezer are included in the sale. No walk-in refrigeration or freezer was installed in the building.

2284 TENTH LINE ROAD UNIT#F1, Ottawa, Ontario K4A0X4

Market and competitive advantages: 
Additional Business Details
Real estate value/price: 
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Real Estate Included in Price: 
N/A
Inventory value: 
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Inventory Included in Price: 
N/A
Value of business equipment: 
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Included In price: 
Yes
Length of lease: 
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Assets, Training & Support
List major assets: 
Support & Training?: 
Yes
Reason for Sale
Business Details
Relocatable: 
N/A
a Franchise: 
N/A
Asset sale: 
N/A
Lifestyle Business: 
N/A
Homebased: 
N/A
Absentee run: 
N/A
Seller financing available: 
N/A
Other Details
Length of ownership: 
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Employees Full Time: 
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Employees Part Time: 
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Proforma - Facts Sheet
Cost of goods sold: 
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Labor cost - hourly: 
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Labor cost - management: 
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Labor cost - commission: 
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Amortization: 
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Occupancy cost: 
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Utilities: 
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Property and business taxes: 
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Marketing and Promotion: 
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General expenses: 
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Contact this Seller

 
Broker - Agent

Mitch Gauzas

Real Estate Agent

Keller Williams Integrity Realty

Real Estate Agency