Don't miss the opportunity to own a highly successful and well-loved plant-based restaurant in Sault Ste. Marie, Ontario. Specializing in delicious and nutritious plant-based cuisine, this thriving business is strategically located in a high-traffic street within a vibrant and growing community. The restaurant boasts steadily increasing revenue, driven by a strong and loyal customer base, a stellar reputation, and low overhead costs, making it a highly profitable investment. It operates with a well-trained, experienced staff, ensuring seamless day-to-day operations and a smooth transition for new ownership. With a long-term lease in place, the business offers stability and significant potential for expansion in the rapidly growing plant-based food industry. Additionally, buyers may benefit from government incentives available for businesses in Northern Ontario, providing further financial advantages. Whether you're an aspiring entrepreneur or an experienced restaurateur, this is a rare opportunity to own a thriving business in a market with immense growth potential. Act now to take advantage of this exciting opportunity and be part of the plant-based revolution! |
Extras: Food Cost: Approx. 30-32%, Labor Cost: Approx. 21%, NO ROYALTY. LOW RENT, LONG TERM LEASE. |
Price | $180,000 |
Taxes: | $2025.00 |
Tax Type: | T.M.I. |
Occupancy by: | Owner |
Address: | 685 Queen St E St , Sault Ste Marie, P6A 2A6, Ontario |
Postal Code: | P6A 2A6 |
Province/State: | Ontario |
Lot Size: | 26.99 x 103.12 (Feet) |
Directions/Cross Streets: | QUEENT ST E & EAST ST |
Category: | Without Property |
Use: | Restaurant |
Retail Area: | 2065 |
Retail Area Code: | Sq Ft |
Area Influences: | Major Highway Rec Centre |
Financial Statement: | Y |
Chattels: | Y |
Franchise: | N |
Days Open: | 7 |
Hours Open: | 09 |
Employees #: | 3 |
Seats: | 70 |
LLBO: | Y |
Outside Storage: | N |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ELIXIR REAL ESTATE INC. |
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Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Algoma |
Municipality: | Sault Ste Marie |
Lot Size: | 26.99 x 103.12(Feet) |
Tax: | $2,025 |