Excellent opportunity to own a luxurious sports bar/restaurant and an 18-room hotel located In downtown of Parry Sound. The property is 26,242 Sq Ft and approx. 20 parking spots & more in front & back of the Property. The half of the Property is occupied by the sports bar/ restaurant with seating capacity of 300 plus on main foor, 244 seats on 2nd Floor and 50 seats at the patio. Professional kitchen with 12 ft exhaust hood and tons of equipment, 4 washrooms, 2 walk-ins. Another half is hotel with 18 rooms and a master apartment. The owner has owned this property and business for 10 years. The management team and proft are very stable. The annual sales are $1.4 million and the net proft is about $320k with the owner hands-off. The Owner is planning to retire and sell this property and business. This property has a great potential.
Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence
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Detailed Information
Freestanding
Y
Bathrooms
4
Lot
132.32 x 263.56 ft
Total Area
26,242.39 ft2
Approximate Age
51-99
Air Conditioning
Y
Basement
Y
Chattels
Y
Garage Type
Outside/Surface
Parking Spaces
20
Amps
400
Volts
250
Days Open
7
Hours Open
8-11
LLBO
Y
Employees
15
Heat Type
Gas Forced Air Closd
Financial Statement
Y
Seats
594
Sprinklers
Y
Water
Municipal
Lot/Bldg/Unit Code
Lot
Zoning
C1
Seller Property Info Statement
N
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