45 Geneva Street, St. Catharines, ON L2R 4M5
$298,800
$298,800
MLS®#:
X12878020
Property Type:
Sale Of Business
Property Style:
Area:
Niagara
Community:
451 - Downtown
Taxes:
$0 / 2025
Added:
March 12 2026
Lot Frontage:
55.5
Lot Depth:
117.53
Status:
Active
Outside:
Year Built:
Brokerage:
CENTURY 21 NEW CONCEPT
Lot :

117

55

Intersection:
GENEVA ST & CENTRE ST
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

This Well-Known Korean Restaurant Is Located In St. Catharines, The Fastest Growing City In The Niagara Region, Also Known As The Beautiful Garden City. It Sits On A Busy Street With High Traffic And Great Visibility. Quick Access To Downtown. The Spot Is Close To Brock University And Niagara College, Bringing In Students, Travelers, And Local Residents. The Dining Area Is Spacious, Clean, And Nicely Decorated. It Creates A Warm And Welcoming Atmosphere. The Restaurant Offers A Wide And Delicious Korean Menu, Meeting The Rising Demand For K-Food. The Quality And Variety Of The Dishes Keep Customers Coming Back. Sales Average About $47,000 Per Month. Net Income Is Strong At Around $21,000 To $22,000 Monthly. Rent Is $3,850+Hst Per Month. A Favorable Lease Runs Until 2029. The Current Owner has Successfully operated this Restaurant. The Business Has Built A Great Reputation And A Loyal Customer Base. This Is A Rare Chance To Own A Profitable And Well-Established Restaurant In A Prime Location. It Is Perfect For Experienced Operators Or First-Time Buyers. Don't Miss Out On This Excellent Opportunity.

Insights

  1. Prime Location: Situated on a busy street in downtown St. Catharines, this restaurant benefits from high traffic and excellent visibility, making it an attractive spot for both locals and visitors.
  2. Strong Financial Performance: With average monthly sales of approximately $47,000 and a net income of $21,000 to $22,000, this property presents a solid investment opportunity with proven profitability.
  3. Loyal Customer Base: The restaurant has built a great reputation and a loyal clientele, ensuring a steady stream of customers and reducing the risk for potential buyers or investors.

Neighborhood Overview

Complete neighborhood profile for 45 Geneva Street

451 - Downtown home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 451 - Downtown
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)