Price: $899,000

10 Downie Street, Stratford, ON N5A 7K4

Outstanding breakfast restaurant and diner in the heart of Stratford and boasting very impressive sales and income! Features is a beautiful brick and beam breakfast restaurant situated in the busiest corner of downtown Stratford Ontario at the junction of Ontario St, Erie St, and Lakeside Dr. Facing the intersection with fantastic exposure and visibility this is the best location in the city. This restaurant has been a mainstay with a 25 year history. It moved to this new location in 2022 and the business came with it with exceptional sales and a great reputation. Amazing rent of $12,969 Gross with 8 + 5 years remaining in a 5,600 sq ft restaurant. Full commercial production kitchen with 19 ft hood, 3 walk-ins. Available with training. Excellent income on top of salaries for ownership. Please do not go direct or speak to staff or ownership.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

5600 Square Feet

List Price

$899,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Stratford, 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

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

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