All photos · 6
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%.
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Listing brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Each office independently owned and operated.