$299,000 FOR SALE

Business for Sale

Restaurant

1 Great George Street
Charlottetown, PE C1E 0B1

Discover an unparalleled turn-key business opportunity with the sale of Nimrods? Floating Pizza and Burger Hut, situated in the prime location of Peake's Quay Marina at 1 Great George St. This investment boasts two high-revenue restaurants, generating an average annual revenue of approximately $300,000 over the past 5 years, concentrated within a focused 5-month operating window. These establishments benefit from built-in tourist traffic, with individual sales days exceeding $8,000 in revenue?exclusive rights to sell Pizza and Burgers at Peake's Quay Marina, coupled with a liquor license. The current owners offer training for new owners and staff in the first season. The property features a 12? x 20? Wood-Fired Pizza building, a 6? x 20? Enclosed back deck, a 12? x 10? Burger Building, and a 12? x 8? Enclosed back deck. The fully equipped kitchen for wood-fired pizza and burgers includes a brick oven, flat top grill, bar gun soda system, and commercial panini press. Wired for electricity, plumbing, and finishes, the property also comes with on-site refrigeration, an awning/deck, and suppression and exhaust systems. This investment opportunity is further complemented by minimal off-season overhead costs. The new owners will also benefit from naming rights as the previous owners intend to sell it to owners who will put their own fresh name and branding in place. Don't miss the chance to own this business in an enviable waterfront location. (id:47423)

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Listed By RE/MAX CHARLOTTETOWN REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202404718
Last Updated Mar 18, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Community Charlottetown
Price History
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Detailed Information
Amenities Nearby Public Transit, Shopping, Water Nearby
Community Features High Traffic Area
Listing Contract Date 2024-03-15
Location Description Located in Peakes Quay Marina
Ownership Type Leasehold
Property Type Business
Transaction Type For sale
Zoning Description TBA
Business
Business Type Restaurant
Business Subtype Restaurant
Building
Constructed Date 2019
Construction Material Wood frame
Flooring Type Other
Total Finished Area 360 sqft
Utility Water Municipal water
Parking Spaces
Name Spaces
None
Land
Amenities Public Transit, Shopping, Water Nearby

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