Price: $95,000

1300 Bank Street, Glebe - Ottawa East and Area, ON K1S 3Y4

Turnkey opportunity in a prime Ottawa location with a 4.8 Google rating and an excellent reputation-this is an asset sale of a highly rated, fully equipped, and tastefully decorated restaurant licensed for 42 seats, located on one of Ottawa's busiest commercial streets. The business features a loyal customer base with excellent reviews, a fully equipped commercial kitchen with all chattels, fixtures, and equipment included, a transferable liquor license, and two Farmers' Market memberships (Orleans and Barrhaven). The space also offers a stylish, modern interior design, strong visibility in a high-traffic area, and a basement with a similar footprint that includes a small cooler and multiple chest freezers. Please note that the business name and goodwill are not included in the sale. Lease details include monthly rent of $4,200 + HST, plus property tax, insurance, and utilities, with the tenant responsible for property taxes, and a similar lease can be arranged with the landlord for the new tenant. Showings are by appointment only through ShowingTime-please do not disturb staff-and all offers must be accompanied by Schedule B.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$95,000

Gross Income

N/A

Annual Taxes

$19,530

Tax year

2025

Business Type

Restaurant

Years in Business

N/A

Location

Glebe - Ottawa East and Area, 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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