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Successful Restaurant/beach Bar Business In Crystal Beach For Sale

Crystal Beach, Ontario, Canada
Freehold Price:
$250K - $500K (CAD) Furniture / Fixtures included
Lease Asking Price:
$450,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

$450,000.00
Business Only. Location! Location! Location! Take advantage of this great investment opportunity to own a successful restaurant in one of the most sought-after areas in Crystal Beach, tourist town. It’s a 3-minute walk to the most beautiful white sandy beach and crystal clear waters of Lake Erie. It is located on the trendy, high-traffic strip on Erie Rd in the middle of tourist town. This popular restaurant and Beach Bar has a great vibe, and a strong brand. It has been open since 2020, has a 225 seat liquor license, amazing patio with cabanas, fabulous food, tequila bar and a party facility upstairs. It has 3600 square feet inside (2 levels) and 1200 square feet outside. No franchise fees, trained staff in the front of the house and in the kitchen, operated by a general manager, and not the owner, it is ready to take to the next level. Opportunity overload! This is a Gem! … and a LOT OF FUN! Skip all the headaches of starting a business from scratch. Refer to MLS #40528885 , 40529097, 40529042 for the sale of just the building, just the business, orr the Package deal (Business and Building)

Property Information

Real Estate:

Available as lease or with real property included

Location:

Busy Tourist area

Premises Details:

2 storey restaurant with great patio

Size in square feet:
3600 + 1800

Business Operation

Reasons for selling:

Owner is Retiring

Trading hours:

Depends

Employees:
6-100
Years established:
4

Other Information

Lease asking price:
$450,000 (CAD) - Furniture / Fixtures included