355 Memorial Avenue, Orillia | Image 1

355 Memorial Avenue

Orillia, Orillia

  • Commercial

$195,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: S9398856

  • Added: Oct 16, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX HALLMARK CHAY REALTY

If you are looking to run a business with guaranteed monthly income with 7+ school lunches in the city of Orillia, this is your future business. There is a contract with schools for the school lunch programs. The current owner is willing to fully train the buyer.Fantastic opportunity for a well-established, independent business in the heart of Orillia's bustling business strip, a prime gateway to the downtown waterfront's attractions and its significant redevelopment. Positioned strategically off Highway 12 and adjacent to the Comfort Inn, this business capitalizes on its prime location in cottage country, making it a high-visibility and high-traffic enterprise. Situated minutes away from the Orillia waterfront redevelopment, the establishment is conveniently located near Georgian College, Lakehead University Orillia Campus, the OPP station, and Casino Rama, drawing both local and tourist clientele year-round. Proudly specializing in Shawarma and a wide array of Mediterranean dishes, the kitchen is fully equipped to deliver top-quality culinary experiences. The business comes with a private parking lot featuring ample spaces. Strategic business enhancements include the expansion of school lunch programs, with contracts in place, significantly broadening the customer base and potential for revenue growth. The restaurant offers a welcoming dining area, in addition to robust takeout and delivery services through popular platforms such as SKIP THE DISHES, DOORDASH, and Uber Eats, catering to a wide range of customer preferences. This sale represents a golden opportunity for a visionary buyer to step into a well-established, profitable business with a solid foundation and immense growth potential. Whether you're a seasoned restaurateur or a new entrepreneur, this is your chance to make a mark in Orillia's dynamic business landscape with a specialty in Shawarma and Mediterranean cuisine.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Orillia

  • Community: Orillia

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 46

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: Memorial Ave & HWY 1

  • Municipality District: Orillia

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 2450

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Hours Open: 11 AM

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 40

  • Financial Statement: Y

  • LLBO: N

JK-6

ÉÉC Samuel-de-Champlain

Elementary: Catholic
2.81 km
JK-8

Monsignor Lee Separate School

Elementary: Catholic
2.87 km
JK-8

Orchard Park Elementary School

Elementary: Public
3.18 km
JK-8

Harriett Todd Public School

Elementary: Public
0.97 km
JK-8

Lions Oval Public School

Elementary: Public
2.32 km
JK-8

Regent Park Public School

Elementary: Public
2.29 km
9-12

Orillia Campus

Secondary: Public
1.83 km
9-12

Sutton District High School

Secondary: Public
32.53 km
9-12

Patrick Fogarty Secondary School

Secondary: Catholic
3.90 km
9-12

Twin Lakes Secondary School

Secondary: Public
0.73 km
9-12

Orillia Secondary School

Secondary: Public
2.41 km
9-12

Eastview Secondary School

Secondary: Public
27.88 km
For Sale
2 months ago
$225,000
  • 0 bath
  • 0 bed

3220 Monarch Drive, Orillia, Ontario • L3V 8A2 • Orillia

For Sale
2 months ago
$160,000
  • 0 bath
  • 0 bed

01-380 Memorial Avenue, Orillia, Ontario • L3V 6H1 • Orillia