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$1,200,000
Available - For Sale
Listing ID: X12509878
Acquire, one of Hamilton's most recognized and successful restaurants, and take over a fully optimized, hands-off operation where no prior industry knowledge or expertise is required because all the heavy lifting and hard workestablishing the loyal client base, securing reliable suppliers, and building an excellent, fully trained staff, is already done, meaning the proven business model works, you have no risk, and you can start earning from the minute you take over as everything here has been optimized for success and running efficiently and effectively. This is a high-performing business with sales in the millions and exceptionally high-profit margins. Stability is assured with long-term leases already in place. This true turnkey operation features a massive 3,750 sq. ft. interior with a 500 sq. ft. patio, offering seating for 125 inside and 50 on the patio, all within a fully fixtured restaurant and bar space; seldom available, this exceptional business opportunity is located at a high-traffic intersection and high-visibility plaza with big-brand co-tenants and tons of parking, and has been successfully operating for over 7 years, including premium leasehold improvements, a fully equipped, professionally designed kitchen, high-end finishes, and a modern, welcoming dining area with a built-out bar, all with equipment in excellent condition; as a prestigious restaurant renowned for its prime location as an anchoring tenant, its delectable cuisine, and strong community ties, the carefully crafted decor creates an inviting atmosphere ideal for private events and refined dining, and is set for success with income earning from day one, plus the location is conveniently zoned to allow for a change of use, opening doors for rebranding or new business models if desired, and the dedicated seller is committed to a smooth transition, providing comprehensive supplier contacts, operational support, and brand onboarding as needed.
Price $1,200,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner+T
Address: 1400 Upper James Street , Hamilton, L9B 1K3, Hamilton
Postal Code: L9B 1K3
Province/State: Hamilton
Directions/Cross Streets: Stone Church Rd E & Upper James St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Category: Without Property
Use: Restaurant
Total Area: 4,250
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 12-10PM
Employees #: 15
Seats: 175
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK SHAHEEN & COMPANY

1400 Upper James Street , Hamilton, L9B 1K3, Hamilton

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Mewburn
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908