Price: $449,000

13775 Highway 27, King, ON L0G 1T0

Sale of business of a beautiful Gastropub with lots of upgrades. Restaurant Features 2 level dining and private party section with distinct layouts, perfect to entertain family brunch & dinner set up with outdoor patio set up on upper main level + a more club/pub set up on the lower main level + large open land giving an option to host private birthday, pre-wedding parties, live bands. Perfect business for groups/individuals looking at establishing this location as wedding/pre wedding venue, Bottle service clubs, Large Diners or run multiple cuisine restaurants with a central kitchen. Chattels: Large 14 Ft (approx) Commercial Hood, Walk in Freezer, Walk in Cooler, Double Pizza Ovens and many more. Please Do Not Go Direct. Low Lease rates: $10,500 Gross Rent Including TMI. Lease Term Sep 2023-Aug 2028 With A 5 Year renewal. Has been a restaurant location for over 15 years, change of cuisine possible. Has LLBO license approx 150 Inside and 131 Outside.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

4500 Square Feet

List Price

$449,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

King, 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

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

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