Price: $289,000

298 Princess Street, Kingston, ON K7L 1B5

King of Kingston & one of the busiest, largest patios on Princess St! Bring your entrepreneurial spirit to this well established and well reviewed corner location in the absolute heart of downtown Kingston! Nearly 2,500 sqft with roll up garage-style windows opening it up completely and full of student traffic. Includes 4 dedicated parking spots for management/staff/delivery. ONLY BEING SOLD AS A WORKS FRANCHISE LOCATION AND CAN'T BE CONVERTED. **EXTRAS** LLBO of 114 + patio. Current lease expiry July 2031 + 2x 5yr renewals (to 2041). Net rent $4,678.58 +TMI/CAM $2,2504.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

2441 Square Feet

List Price

$289,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Kingston, 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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