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Restaurant Business For Sale in Barrie, ON (Listing ID: 3602)

Restaurant
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Annual Return On Equity Calculator

Annual Earnings:

$1,750,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Restaurant

Historic Bar/ Restaurant Downtown Barrie

The Simcoe has been a staple of Downtown Barrie since 1876. This Business was recently re established in the original site (5 points Downtown Barrie) and includes the Business Name, a fresh 5 year lease at favorable rates in the historically protected building, Full Liquor License with caters endorsement, Full Kitchen with approval for walk up window to service walk ups and after bar crowd, Skip the dishes Uber Eats etc
All supplier accounts with both Food and alcohol suppliers, skeleton crew staff (if you require them) on site training for new owners, and option to "Contract Out" the liquor license to the right qualified buyer

We specialize in re establishing and restructuring business for turn around.
This location was recently face lifted and improvements made, historic location with a historic following and daily improvising numbers with curated nights and kitchen traction.

$250,000 CAD

Barrie, ON Restaurant Business For Sale Details

Independent

Company Name:

The Simcoe Hotel Saloon & Eatery

Legal Body:

Incorporated

Established In:

1876

Proprietary Assets:

Business Name, various nostalgia items, stock, kitchen equipment

Gross Revenue:

To Be Discussed

Annual Earnings:

$ 1,750,000

Land/Building Included:

No

Rent/Lease Amount:

$ 6,500

% 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.

Buyer's networth must be greater than $500,000.00

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