Price: $848,000

304-306 Simcoe Street, Brock, ON L0K 1A0

Retiring Sale! Rare opportunity to take over a 20-year successful restaurant business and property together! The best Locations in the fast developing town of Beaverton! On the busiest street and surrounding by all different type of businesses. CIBC across street. Full service and well maintained restaurant with 52 seats. Back patio overlook the river. Basement storage is very tidy and clean. Also one bedroom and wash in the basement. 2nd floor is a bright and spacious 3 bedroom 1wash apartment for own use or lease for extra income. The restaurant is well known in the town and surrounding area. A lot of tourists for cottages, golf and winter activities all year round. Can be easily transfer to other cuisine. Close to lake Simcoe, HWY48, 45mins to Markham **EXTRAS** All restaurant equipment, furniture, renovation, tools included. Owner do take out only now due to age, but big potential to resume dine in.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

2200 Square Feet

List Price

$848,000

Gross Income

N/A

Annual Taxes

$5,804

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Brock, ON

Status

Pending

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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