All photos · 6

Angus

357 Mill Street, Essa, ON L3W 0E2

$160,000

Beds

n/a

Baths

2

Type

Commercial

About this home

Wow! What an incredible opportunity is at your doorstep! This Indian restaurant, situated in a standalone building, boasts a seating capacity of 30 and is located on a major street in Angus, ON, which connects Barrie to key tourist attractions (just an hour from Brampton). It has been thriving in a rapidly growing community for the past 8 years. The family is relocating to another country. The business is already generating substantial profits with limited operating hours and resources. It is a recession-resistant venture that draws tourists throughout the year. The nearby army training center serves as the restaurant's largest customer. Operating costs are very low. Potential: The restaurant can operate 24/7, has an approved patio with 70 seats, and can significantly increase revenue by offering a buffet priced at up to $35 per person. It is also licensed to sell a wide range of liquor, wine, beer, and much more!

Heating

  • · Baseboard

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$733

Principal & interest, per month


Mortgage amount
$128,000
Down payment
$32,000
Total interest paid
$91,809

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

By submitting, you agree to be contacted about this property and related real estate services. No spam, just one human, replying personally.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Listing brokerage

ROYAL LEPAGE FLOWER CITY REALTY

Each office independently owned and operated.