41 Jarvis Street, Fort Erie | Image 1

41 Jarvis Street

Fort Erie

  • Commercial

$99,999
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: COMMERCIAL

  • Age: No Data

  • MLS®#: X10425917

  • Added: Nov 15, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE CERTIFIED REALTY

Exciting Opportunity To Own A Thriving, Established Restaurant With Strong Monthly Sales Of Approximately $20,000 And A Solid Annual Gross Sales Record Of $400,000 From Last Year. Located In A High-Traffic Area, This Popular Venue Boasts A Spacious Indoor Dining Area With A Seating Capacity Of180, Plus An Inviting Outdoor Patio That Accommodates 40 Additional Guests Ideal For Seasonal Dining. Operating On A Favorable 5-Year Lease Term With An Option To Extend, The Monthly Rent Of $5,900 Ensures A Stable Cost Structure For New Ownership. The Restaurants Sales Are Well-Diversified, With 80%Generated From Food And 20% From Beverages, Catering To A Wide Range Of Customer Preferences. The Business Holds An LLBO License, Allowing Full Service Of Alcoholic Beverages, And Offers Franchise Options For Those Interested In Expansion Potential.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Fort Erie

  • Availability Date: IMMEDIATE

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes Type: N/A

Land

  • Cross Street: JARVIS ST & KLAUCK S

  • Municipality District: Fort Erie

  • Sewer: San+Storm

  • Zoning: COMMERCIAL

Commercial Specific

  • Number of Employees: 11

  • Retail Area: 4338

  • Retail Area Metric: Sq Ft

  • Total Area: 4338

  • Total Area Metric: Sq Ft

  • Hours Open: 66

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 220

  • Financial Statement: N

  • LLBO: Y

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