Price ChangeFor Sale

45 Geneva Street
St. Catharines, Niagara, ON, L2R 4M5

Sale Of Business
TRREB
MLS® Number: X12349985
$349,000List Price
Sale Of BusinessProperty Type
3,700 sq ftSize
RestaurantBusiness Type
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PRICE CHANGED
$349,000
Previously Listed For:
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Listing History

Buy/sell history for 45 Geneva Street, St. Catharines, ON L2R 4M5

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Description

This Well-Known Korean Restaurant Is Located In St. Catharines, The Fastest Growing City In The Niagara Region, Also Known As The Beautiful Garden City. It Sits On A Busy Street With High Traffic And Great Visibility. Quick Access To Downtown. The Spot Is Close To Brock University And Niagara College, Bringing In Students, Travelers, And Local Residents. The Dining Area Is Spacious, Clean, And Nicely Decorated. It Creates A Warm And Welcoming Atmosphere. The Restaurant Offers A Wide And Delicious Korean Menu, Meeting The Rising Demand For K-Food. The Quality And Variety Of The Dishes Keep Customers Coming Back. Sales Average About $55,000 Per Month. Net Income Is Strong At Around $26,000 To $27,000 Monthly. Rent Is Very Affordable At $3,800 Per Month Including HST. A Favorable Lease Runs Until 2029, Giving The New Owner Peace Of Mind. The Current Owner Has Operated This Restaurant Successfully For Ten Years. The Business Has Built A Great Reputation And A Loyal Customer Base. This Is A Rare Chance To Own A Profitable And Well-Established Restaurant In A Prime Location. It Is Perfect For Experienced Operators Or First-Time Buyers. Don't Miss Out On This Excellent Opportunity.

Features

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Amenities

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Summary

Listing #:X12349985
Property Type:Sale Of Business
Size:3,700 sq ft
Land Size:55.5 x 117.53
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 NEW CONCEPT

Rooms

Details

Property

Property Type:Sale Of Business
Community:451 - Downtown
Municipality:Niagara

Building

Size:3,700 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary+Storm

Land

Cross Street:GENEVA ST & CENTRE ST

$349,000

List price

45 Geneva Street, St. Catharines – Sale Of Business for sale · MLS® # X12349985