B2-200 Preston Parkway, Cambridge | Image 1

B2-200 Preston Parkway

Cambridge

  • Commercial

$337,000
For Sale

Added 1 week ago

  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Bar/Tavern/Pub

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 2000

  • MLS®#: X5773660

  • Days on Site: 8 Days

  • Added: Sep 23, 2022 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: REAL ONE REALTY INC., BROKERAGE

A Well-Known Local Bar, The Owner Has Been Operating Business For 12 Years. The Business Is Quite Stable, And The Owner Wants To Retire. About 3800 Square Feet, 150 Seats In The Store, 45 Seats In Patio. The Monthly Sales Is Around $60,000, The Rent Is 5600 (Including Tmi, Hst And Water). The Lease Remaining 4 Years + 5 Years (Option). Pool Table Income Is Around $1200 Per Month. There Are Currently Two Full-Time And One Part-Time Employees. The Owner Couple Work In The Kitchen, Each Taking Turns Working One Day. The Bar's Annual Net Profit Is Around $240,000.

Extras

All Existing Inventory And Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.

Property

  • Status: Sale

  • Type: Bar/Tavern/Pub

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Cambridge

  • Availability Date: Tba

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2021

  • Taxes: $2,000

  • Taxes Type: Annual

Land

  • Cross Street: Preston Pkwy/Shantz

  • Municipality District: Cambridge

  • Lot Depth: 76 Feet

  • Lot Frontage: 50 Feet

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 3

  • Total Area: 3800

  • Total Area Metric: Sq Ft

  • Hours Open: 3Pm-2Am

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 150

  • Financial Statement: N

  • LLBO: Y

JK-6

Parkway Public School

Public 0.42 km
JK-8

St Joseph Catholic Elementary School

Catholic 1.41 km
7-8

ÉIC Père-René-de-Galinée

Catholic 2.80 km
JK-6

Preston Public School

Public 1.52 km
JK-6

Grand View Public School

Public 1.92 km
JK-8

St Michael Catholic Elementary School

Catholic 2.52 km
9-12

ÉSC Père-René-de-Galinée

Catholic 2.78 km
Pre-Grade 9-12

Southwood Secondary School

Public 6.37 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Public 5.78 km
Pre-Grade 9-12

Preston High School

Public 1.27 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

Public 5.18 km
9-12

St Benedict Catholic Secondary School

Catholic 6.09 km