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Friday, May 3th, 2024

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$429,000
Available - For Sale
Listing ID: W8180550
Gorgeous licensed restaurant on Broadway in downtown Orangeville. Rustik Local Bistro is a stunning restaurant in a corner location in the heart of downtown with great exposure and signage. This is a very popular business with proven sales and income on top of salary for owners. It has a large liquor license for 125 with an upper mezzanine and private rooms for parties and meetings. High ceilings and windows with a lovely atmosphere and a full chef's kitchen with a 12 ft commercial hood and 2 walk-ins.
Extras:   Lease rate of $8,720 gross rent including TMI with 5 + 5 years remaining. This is a profitable business and it is available with training, but it can also be rebranded into another concept. 2 private parking spaces + tons of municipal.
Price $429,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 199 Broadway Ave , Orangeville, L9W 1K2, Ontario
Postal Code: L9W 1K2
Province/State: Ontario
Legal Description: LT 1, PL 46 ; ORANGEVILLE
Lot Size: 22.16 x 132.79 (Feet)
Directions/Cross Streets: First St & Broadway
Zoning: Business Commerc
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 3,423
Total Area Code:  Sq Ft
Retail Area: 3423
Retail Area Code: Sq Ft
Business/Building Name: Rustik Local Bistro
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 5
Hours Open: 4-9:30
Employees #: 20
Seats: 125
LLBO: Y
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 200
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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ROYAL LEPAGE SIGNATURE REALTY

199 Broadway Ave , Orangeville, L9W 1K2, Ontario

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Sale Of Business
Area: Dufferin
Municipality: Orangeville
Neighbourhood: Orangeville
Style:
Lot Size: 22.16 x 132.79(Feet)
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Tax: $0
Maintenance Fee: $0
Beds:
Baths: 5
Garage: 0
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com