This well-established restaurant and bar generates impressive annual sales exceeding $900,000. It is fully equipped and turnkey, making it ready for both restaurant and bar services. Located in a prime area, the business benefits from ample customer parking. The rent is highly affordable at just $6,100 per month, which includes TMI and HST. A secure lease is in place with a 5-year term and an additional 5-year renewal option. The spacious dining area comfortably accommodates 75 guests. The business is also set up for takeout and delivery, providing additional revenue opportunities. To ensure a smooth transition, owner training is included. This is a fantastic opportunity to own a thriving restaurant and bar with a strong customer base. Don't miss out!
20 Ontario Street
Port Hope, Port Hope, Northumberland $349,999Make an offer
1927.00 Sq Ft
Outside/Surface
Garage
Restaurant
Zoning: C3
- MLS®#:
- X11993830
- Property Type:
- Sale Of Business
- Property Style:
- Area:
- Northumberland
- Community:
- Port Hope
- Added:
- February 28 2025
- Lot Frontage:
- 19.69
- Lot Depth:
- 99.26
- Status:
- Active
- Outside:
- Year Built:
- Basement:
- true
- Brokerage:
- HOMELIFE/MIRACLE REALTY LTD
- Lot (Feet):
-
99
19
- Intersection:
- Ontario St / Walton St
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Y
- Heating Type:
- Gas Forced Air Closed
- Heating Fuel:
Neighbourhood
Schools, amenities, travel times, and market trends near 20 Ontario StreetSchools
5 public & 4 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.
Parks & Rec
3 trails and 1 playground are within a 20 min walk of this home.
Transit
Rail transit stop less than 2 km away.
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Purchase Price
With
Down ($52,500)
Interest
Years
