Price: $149,000

32 Main Street, Newmarket, ON L3Y 3Y4

Vibe Bar and Hookah Lounge for Sale Prime location in Newmarket, this fully licensed and well-established bar offers a unique combination of premium shisha and craft cocktails. With a loyal clientele and stylish interior, the business is positioned for strong profit potential and growth. Located in a high-traffic area, this turnkey investment includes leasehold improvements. The premises are leased, with a semi-gross rent of $6,300/month + HST and water charges of $150/month. The space is versatile, offering the potential to operate as a breakfast restaurant in the morning, a lounge at night, and even a cloud kitchen for additional revenue. Ideal for entrepreneurs looking with significant opportunities to expand the business and customer base.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

2224 Square Feet

List Price

$149,000

Gross Income

N/A

Annual Taxes

$1,800

Tax year

2024

Business Type

Bar/Tavern/Pub

Years in Business

N/A

Location

Newmarket, 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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