$274,900
Available - For Sale
Listing ID: S8040598
1287 Madison St , Severn, L3V 0V1, Ontario


An excellent opportunity awaits to own and operate your very own restaurant! This thriving restaurant, located near Orillia in Silver Creek Estates, is seeking new ownership as the current owner plans to retire. The sale includes the building, chattels, fixtures, and restaurant equipment. The restaurant can accommodate seating for both indoor and outdoor dining, with 20 seats available outside and a capacity of 28 inside, licensed by the LCBO (for 28 inside and 12 Outside). The land lease fee includes water & Sewer and property taxes. The property has undergone several upgrades and improvements over the years, including a metal roof, electrical enhancements, furnace upgrades, A/C improvements, and more!
Price $274,900
Taxes: $0.00
Tax Type: Annual
Occupancy by: Owner
Address: 1287 Madison St , Severn, L3V 0V1, Ontario
Postal Code: L3V 0V1
Province/State: Ontario
Legal Description: N/A
Directions/Cross Streets: Madison & Division
Category: Without Property
Use: Restaurant
Building Percentage: Y
Total Area: 1321.00
Total Area Code:  Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 5
Hours Open: 9 Am -
Employees #: 2
Seats: 40
LLBO: Y
Washrooms: 2
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Other
Water Supply Types: Comm Well
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX RIGHT MOVE
Personal Picture
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
 
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At a Glance:
Type: Com - Sale Of Business
Area: Simcoe
Municipality: Severn
Neighbourhood: Rural Severn
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 2
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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