$5,000 FOR SALE

Business for Sale

Restaurant

622 Water Street #102
Summerside, PE C1N 4H7

Have you ever dreamt of being the master of your own culinary destiny, showcasing your skills and talent in a thriving restaurant? Well, the opportunity you've been waiting for is right here in Summerside, PEI, where success is on the menu. Presenting a turnkey operation, this restaurant is more than just a business; it's a canvas for your culinary artistry. With a mere $15,000 down payment and an excellent credit score, you may even qualify for vendor financing, making your dream restaurant a tangible reality. This establishment isn't just any restaurant; it's a five-star gem, consistently earning rave reviews from satisfied patrons. In fact, it was nominated for the 2022 Best New Business Of The Year Award, a testament to its rapid rise and popularity. But it doesn't stop there; in 2023, it has been nominated for the prestigious Business Excellence For The Community Impact Award, demonstrating its commitment to making a positive difference in the local community. Nestled in the vibrant heart of downtown Summerside, this restaurant enjoys prime real estate, surrounded by a lively community and thriving commerce next to quality Inn and across from Home Hardware. The current owners spared no expense, meticulously renovating the leased space and installing brand-new, top-of-the-line equipment. Whether you're a seasoned restaurateur or an up -and-coming chef, this turnkey operation provides you with all the necessary tools for success. Full lease details, a comprehensive equipment list, and financial records are all available upon request, allowing you to step into this flourishing restaurant business with confidence. Don't miss the chance to take the helm of this celebrated dining establishment, where your culinary passion can truly shine, and success is not just a dream but a flavorful reality. Lease this space for $5000 per month for a minimum of 2 years with the opportunity for purchase at $229,000. (id:47423)

Share

Listed By ROYAL LEPAGE PRINCE EDWARD REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202405389
Last Updated Mar 26, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Community Summerside
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
Amenities Nearby Shopping
Community Features High Traffic Area
Equipment Propane Tank
Listing Contract Date 2024-03-25
Location Description Next to Quality Inn, opposite of Home Hardware in plaza.
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
Constructed Date 2024
Construction Material Concrete Walls
Cooling Type Ventilation system
Flooring Type Concrete
Total Finished Area 850 sqft
Utility Water Municipal water
Parking Spaces
Name Spaces
Parking Space(s)
Paved Yard
Land
Amenities Shopping

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.