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Listing ID: 283

SOLD

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$350,000 CAD

RESTAURANT/FOOD SERVICES

ONLY Full Service Bar-Restaurant in a Growing Affluent Town

Kitchener Waterloo, ON

Independent

$350,000 CAD

RESTAURANT/FOOD SERVICES

ONLY Full Service Bar-Restaurant in a Growing Affluent Town

Kitchener Waterloo, ON

Independent

Exceptional bar/restaurant housed in an historic building in the town centre of a bustling community located in South-western Ontario. Established 140 years ago, this thriving enterprise generates over $1,000,000 in annual revenues and has been consistently profitable for over a decade. The restaurant seats 200 and is licensed under the L.L.B.O. and has a loyal diverse following by locals throughout the region. Located just a short distance from the booming city of Kitchener-Waterloo, this hi-tech region is one of the fastest growing areas of the province.

Legal Body

Incorporated

Established In

1875

Last Year of Completed Statements

2014

Gross Revenue

$1,000,000

Annual Earnings

$150,000

Land/Building Included

No

Rent/Lease Amount

$5,400

% of Business Selling

100%

Reason for Sale

Personal

Financing Available

No

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

BizON assumes no responsibility for the accuracy of any information shown.

More From Seller (1)
Annual Return On Investment Calculator

Annual Earnings:

$150,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

%