$2,499,000 FOR SALE

Business for Sale

Restaurant

Lot: 132.32 x 263.56 ftTotal Area: 26,242.39 ft2

72 James St
Parry Sound, ON P2A 1T5

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

Share

Listed By ROYAL LEPAGE SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8049046
Last Updated Mar 08, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name Brunswick
Category With Property
PIN 493203000
Legal Description PLAN 2 LOT 9 & PT LOT 10 W/S JAMES ST LOT 9 & PT
Occupancy Owner
Possession Date TBD
Directions/Cross Streets Mary St / James St
Area Parry Sound
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

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

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.