12
$299,000 Sale
Listed 14 hours ago
295 WELLINGTON STREET UNIT 3D
· 0
· 1.0
· 0
· 1842
Key Facts
Key facts for 295 WELLINGTON STREET UNIT 3D
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
X12449923
Size
1842 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
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-rou...nd 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:10452)
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Listing courtesy of: RE/MAX ULTIMATE REALTY INC.
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