Price: $275,000

1118 King Street, Cambridge, ON N3H 3P6

A premier opportunity awaits an ambitious owner-operator with the sale of a well-established and thriving restaurant located in the vibrant core of Downtown Cambridge. This is a unique chance to acquire a successful, turn-key business strategically positioned to benefit from the area's significant and consistent foot traffic.Nestled amidst a dynamic mix of popular bars, corporate offices, and bustling retail stores, this establishment is a prime destination for a diverse and steady stream of patrons. The restaurant offers a welcoming atmosphere with an interior capacity for 60 guests and is fully licensed (LLBO), providing a crucial asset for revenue growth through beverage sales.The operation is supported by a fully equipped kitchen, ready for immediate culinary execution. A key advantage of this location is its convenient parking, with ample private spaces available at the rear of the building in addition to accessible street parking.This offering is defined by its remarkable flexibility and strong financial viability. The exceptionally low rent minimizes overhead, directly enhancing profitability. Furthermore, the absence of franchise or menu restrictions grants a new owner complete creative freedom to continue the current concept or to introduce any type of culinary vision to an eager downtown clientele.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$275,000

Gross Income

N/A

Annual Taxes

$14,956

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Cambridge, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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