$399,000 FOR SALE

Business for Sale

Restaurant

Lot: 110.01 x 290 ftTotal Area: 2,500 ft2

1066 Adelaide St N
London, ON N5Y 2N1 | Middlesex

Marino's Restaurant & Bar Is A Very Longstanding Business With A 43-Year History (33 With The Current Owner), And Manage To Be 3 Businesses In 1; A Restaurant, A Bar, And A Take-Out/Qsr Restaurant. Very Popular With Locals And Students From London's Post Secondary Schools, This Place Is Packed With Equipment, Leaseholds, Pool Tables, Dart Boards, Jukebox, Karaoke, And 4 Got Skill Betting Machines. There Is A Full Kitchen With A 9Ft Hood, Walk-Ins, And More!

Extras
Excellent Rent For $5,168 Gross Rent W/Tmi & Water, With 5+5 Years Remaining. 2,500 Sqft Space With A Liquor License Of 110. This Location Can Be Rebranded Into Many Concepts, However It's A Money Maker With Excellent Sales And Profits

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Listed By RE/MAX ULTIMATE REALTY INC., Brokerage
MLS® Listing Number X5312646
Last Updated Jul 19, 2021
Property Summary
Property Type Business For Sale
Use Restaurant
Franchise Non-Franchise
Business/Building Name Marino's Restaurant And Bar
Category Without Property
Occupancy Own+Ten
Possession Date Tbd
Directions/Cross Streets Huron And Adelaide
Area Middlesex
Price History
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Detailed Information
Freestanding N
Bathrooms 4
Lot 110.01 x 290 ft
Total Area 2,500 ft2
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Parking Spaces 30
Days Open 7
Hours Open 11-11
LLBO Y
Employees 6
Heat Type Gas Forced Air Closd
Financial Statement Y
Outside Storage N
Area Influences Public Transit, Rec Centre
Seats 110
Sprinklers N
Sewers San+Storm
Utilities A
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Business Commercial
Seller Property Info Statement N

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