$649,900
Well established family run restaurant offering take out and dine in. Potential for increased revenues by extending hours of operation and running 7 days a week. Current owner shuts down between 6 to 8 weeks a year. Currently no liquor license which would also increase income. All equipment is included.If bought with building there is additional revenue from upper two bedroom apartment (estimated $16,200 annually) or could be used by new owner. Was formally licensed for 60-70 people and currently seating is supplied for 28 people. Included in chattels are items used for a former catering business which could also provide additional income. Operating expenses for restaurant include salaries for 3 family members and rent for restaurant ($2800 per month) paid to building owner. Business can be sold separately and owner will provide a 5 year lease but restaurant business must be sold before building. (id:37229)
Business
Business Type
|
Restaurant |
Business Sub Type
|
Restaurant |
Name
|
Bangkok |
Property Details
MLS® Number
|
1363238 |
Property Type
|
Business |
Neigbourhood
|
North End |
Parking Space Total
|
12 |
Building
Land
Acreage
|
No |
Size Depth
|
139 Ft ,6 In |
Size Frontage
|
50 Ft |
Size Irregular
|
50 Ft X 139.5 Ft (irregular Lot) |
Size Total Text
|
50 Ft X 139.5 Ft (irregular Lot) |
Zoning Description
|
Mixed Use Commercial |
https://www.realtor.ca/real-estate/26142779/1503-pitt-street-cornwall-north-end