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$199,900
Available - For Sale
Listing ID: X12889576
CALLING ALL INVESTORS & ENTREPRENEURS!! EXCELLENT OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED THRIVING RIVERVIEW RESTAURANT IN A HIGH EXPOSURE LOCATION OVERLOOKING THE SCENIC ST. CLAIR RIVER IN COURTRIGHT, ONT. KNOWN AS THE "ST. CLAIR RIVERVIEW RESTAURANT". THIS FULLY EQUIPPED, TURN KEY BUSINESS FEATURES A COMMERCIAL KITCHEN, DINING & BAR AREA INDOOR SEATING CAPACITY FOR: 60, FRONT OUTDOOR PATIO SEATING: 30 & BACK PATIO SEATING FOR: 30. THE SPACIOUS ON SITE BACK PARKING LOT ACCOMMODATES UP TO: 40 CARS. THE RESTAURANT ENJOYS A LOYAL CUSTOMER BASE AND STRONG LOCAL PRESENCE, A TOWN FAVOURITE LANDMARK KNOWN FOR THEIR DELICIOUS HOMEMADE MEALS & COLD BEVERAGES FOR ALL TO ENJOY IN A RELAXING ATMOSPHERE WHERE LOCAL MUSICIANS PLAY ON THE WEEKENDS. PERFECT FOR EXPERIENCED OPERATORS, CHEFS OR ENTREPRENEURS LOOKING TO STEP INTO YOUR OWN HOSPITALITY INDUSTRY. WITH A STRONG RETURN ON INVESTMENT ALREADY MAKE OWNING THIS RESTAURANT AN IDEAL INVESTMENT. NEW RESTAURANT BUSINESS OWNER WILL RENT FROM CURRENT BUILDING OWNER. WHETHER MAINTAINING THE CURRENT CONCEPT OR LAUNCHING SOME NEW CULINARY VISION, THIS RIVERFRONT RESTAURANT OFFERS EXCELLENT POTENTIAL TO TAKE OVER FOR LONG TERM SUCCESS!
Price $199,900
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 1548 St. Clair Parkway , St. Clair, N0N 1H0, Lambton
Postal Code: N0N 1H0
Province/State: Lambton
Directions/Cross Streets: Main St/St. Clair Pkwy
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Restaurant
Building Percentage: T
Total Area: 0
Retail Area Code: %
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: 11-8
Employees #: 5
Seats: 60
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX METROPOLIS REALTY

1548 St. Clair Parkway , St. Clair, N0N 1H0, Lambton

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Sale Of Business
Area: Lambton
Municipality: St. Clair
Neighbourhood: St. Clair
Style:
Lot Size: x 154.34(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949