Price: $199,000

27 King Avenue E, Clarington, ON L1B 1H3

Restaurant for Sale Profitable & Prime Location!Turn-key 3,000 sq. ft. restaurant on King Rd in Newcastle, just a short drive from Bowmanville. Located in a high-traffic, high-exposure area, this well-established restaurant is known for great food and offers a long 5+ 5 year lease with low rent.Features include a large party room, ample rear parking, and strong profitability with room to grow a perfect opportunity for a hands-on owner-operator!Highlights:Liquor license in place Dine-in, take-out, and delivery options Strong repeat catering business Known locally for its popular breakfast menu with untapped potential for expanded lunch and dinner offerings


Property Overview

Property type

Commercial - Sale Of Business

Building Area

3000 Square Feet

List Price

$199,000

Gross Income

N/A

Annual Taxes

$1

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Clarington, ON

Status

Active

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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