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$ 299,000
Est. payment /mo
Active
295 WELLINGTON STREET UNIT 3D Bracebridge (monck (bracebridge)), ON P1L1P3
1 Bath
1,842 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,842 sqft
Price per Sqft $162
Subdivision Monck (Bracebridge)
MLS® Listing ID X12449923
Source Toronto Regional Real Estate Board
Property Description
This 1,842 sq. ft. quick-service restaurant in Bracebridge offers seating for 32 guests and stands as one of the largest QSR establishments in the area with exceptionally low rent of only $3,745.40 per month. Located at the gateway to Muskoka, it benefits from high visibility and consistent year-round traffic. The restaurant operates with strong financial performance maintaining labor costs between 17% and 20%, food costs around 35%, and a 6% royalty plus 3% advertising fee resulting in a profitable operation with healthy margins. It generates high sales with low overhead, making it ideal for a hands-on family or owner-operator. Fully equipped and turnkey, the business presents tremendous growth potential through increased marketing or extended hours. The lease offers flexibility with options available for up to 14 years, providing long-term stability and peace of mind for the next operator. This is a rare opportunity to own a well-established and highly profitable restaurant in one of Ontario's most recognized destinations. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX ULTIMATE REALTY INC.
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