The Pescaraa Restaurant & Venue is a highly successful business with exceptional sales and strong profitability. This 5,000 sq. ft. establishment is spread over two levels. The main level features a charming Italian restaurant with seating for 70-80 guests, while the lower level offers a banquet hall accommodating up to 100 people. Equipped with a full chefs kitchen, a large liquor license, and a spacious outdoor patio, this restaurant is fully prepared for business. The property boasts a long-term lease of 2+5 years at approximately $10,500 gross (including TMI). Situated in the vibrant town of Oakville, surrounded by a growing population, this location has undergone extensive renovations and upgrades by the current owner with significant investment. The kitchen is fully equipped and ready for operations. Don't miss this excellent business opportunity!
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Detailed Information
Bathrooms
3
Retail Area
100 percent
Total Area
5,000 ft2
Elevator
None
Air Conditioning
Y
Basement
Y
Chattels
Y
Garage Type
None
Days Open
7
Hours Open
-
LLBO
N
Employees
7
Heat Type
Gas Forced Air Open
Financial Statement
N
Expenses Actual/Estimated
Est
Seats
75
Sewers
San+Storm
Water
Municipal
Lot/Bldg/Unit Code
Lot
Zoning
C3R
Seller Property Info Statement
N
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