$44,900
Available - For Sale
Listing ID: X13750226
1196 Bank Street , Glebe - Ottawa East and Area, K1S 3Y1, Ottawa


Turn-Key Restaurant Opportunity - Established, Profitable, and Ready to GrowA rare chance to own a long-running, turn-key restaurant with a loyal customer base and proven systems already in place - start generating income from day one. Located on a busy main street with heavy foot traffic and strong online ordering sales, this business has thrived for years and is only being offered for sale as the current owner pursues other ventures.The lease is a standout feature of this opportunity, offering exceptional terms with the flexibility to extend or expand. The adjacent unit is expected to become available soon, opening the door to add table seating alongside the current bar-style seating - a natural next step for growth. There's also clear upside for a new owner to capture the breakfast crowd by opening earlier.Surrounded by round-the-clock pedestrian traffic in a rapidly developing neighbourhood, this location is only gaining momentum. A fantastic opportunity for an owner-operator or investor looking for a business with real upside.
Price $44,900
Taxes: $0.00
Tax Type: TMI
Occupancy: Tenant
Address: 1196 Bank Street , Glebe - Ottawa East and Area, K1S 3Y1, Ottawa
Postal Code: K1S 3Y1
Province/State: Ottawa
Directions/Cross Streets: Bank St., between Grove Ave. and Chesley Ave.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Restaurant
Total Area: 0.00
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 12
Employees #: 1
Seats: 4
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE INTEGRITY REALTY
Personal Picture
Hala Elkilany
Sales Representative
Dir:
647-502-2121
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Sale Of Business
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4403 - Old Ottawa South
Style:
Lot Size: x 77.91(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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