$199,000 FOR SALE

Business for Sale

Restaurant

221 Water Street
Summerside, PE C1N 1B4

ARIGATO SUSHI, well established restaurant located in Summerside, PEI. Three successful years in the running and rated as one of the best from all the devoted clientele. Ownership, preparation and plate presentation of meals shows the pride in serving the public whether in house or on the very busy takeout service. The restaurant seats approximately 40 patrons and currently operates Tuesday - Saturday with varying hours. New owners could adjust the business hours to their liking as the business shows a very profitable bottom line. One can only imagine what the future holds for the new owner(s). Not only will you be buying the business, you're buying the name Arigato if so desired. The current owner and Sushi-Chef is willing to train you on how to prepare and run the business. Current lease is 4 years in on a 5 + 5 lease at $2500 a month + tax. The second five year will lease at $3000 + taxes . (id:47423)

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Listed By RE/MAX HARBOURSIDE REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202402486
Last Updated Feb 09, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Community Summerside
Price History
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Detailed Information
Amenities Nearby Shopping
Community Features High Traffic Area, Public Washrooms
Equipment Propane Tank
Listing Contract Date 2024-02-08
Location Description Water Street in Summerside across from the Royal Bank in the HUB Complex
Ownership Type Leasehold
Property Type Business
Rental Equipment Propane Tank
Transaction Type For sale
Zoning Description Commercial
Business
Business Type Restaurant
Business Subtype Restaurant
Building
Amenities Air Conditioning
Constructed Date 2024
Cooling Type Ventilation system
Fire Protection Security system, Monitored Alarm, Smoke Detectors, Sprinkler System-Fire
Flooring Type Wood
Stories Total 2
Total Finished Area 2000 sqft
Utility Water Municipal water
Parking Spaces
Name Spaces
Parking Space(s)
Other
Land
Amenities Shopping

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