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Turnkey Established Restaurant & Bar In Ottawa For Sale

Ottawa, Ontario, Canada
Asking Price:
$399,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$50K - $100K (CAD)

Skip the costly build-out and step into a proven restaurant location operating since 1998
An excellent opportunity for an experienced restaurateur, owner-operator or restaurant group seeking a fully equipped, high-capacity location with exceptionally low rent.

Benefit from 169 indoor seats plus a permanent 25-seat patio, ample customer parking, LLBO license, loyal clientele, walk-in cooler, commercial refrigeration and two 8-ft kitchen hoods—major infrastructure already in place.

With one of the lowest rents in the neighborhood and no franchise fees or royalties, a new owner can keep overhead more manageable while having the freedom to continue the established operation or introduce their own concept, subject to approvals.

Flexible closing available
Asking $399,000.

Property Information

Real Estate:

Lease

Leasehold Rent:

$10,000 (CAD) per annum

Location:

This excellent restaurant & bar attracts abundant foot traffic of visitors, exceptional signage and dining in a prime high street location in one of the busiest plazas located in Ottawa west end.

Business Operation

Management type:
This business is employee owned (ESOP).
Trading hours:

Monday to Thursday: 4pm to 9pm, Friday & Saturday: 11am to 10pm, Sunday: 11am to 9pm

Employees:
4-6
Years established:
1998

Other Information

Support & training:

Training will be provided to the prospective buyer