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$399,000
Est. payment /mo
1,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $332
Subdivision 337 - Crystal Beach
MLS Listing ID X13527356
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Very successful and profitable licensed restaurant with a patio in downtown Crystal Beach just steps from the waterfront and situated within the Hotel Philco complex. This easy to manage business benefits from excellent tourism traffic throughout the summer months along with strong year-round local support and steady off-season sales. Available with full training to be provided to qualified new ownership. Attractive 1,200 Sq Ft layout currently operating as a counter service quick service restaurant with the added benefit of alcohol sales. Licensed for 25 inside plus 22 on the patio with an efficient and easy to operate setup ideal for owner operators or hospitality groups looking for a strong seasonal tourism business with solid fundamentals and excellent profitability. Outstanding lease rate of $1,700 Gross Rent including TMI and water with a brand new 5 + 5 year term available. Excellent net operating income on top of salaries for ownership with Sublife located just around the corner adding to the area's appeal and traffic. Please do not go direct or speak to staff.
Location
Province ON
County Niagara
Area Niagara
Zoning Business Commercial
Interior
Cooling Yes
Exterior
Parking Features Plaza
Utilities Available Available
Building
Lot Description Lot
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Lited by ROYAL LEPAGE SIGNATURE REALTY
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