Sports Bar with Favorable Leasing For Sale | Emerald Business Board

Sports Bar with Favorable Leasing For Sale

179 John St, Toronto, ON M5T 1X4, Canada
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Business Description

Sports Bar Business with favorable Leasing Agreement for sale.
Here is your chance to own a stable Sports Bar/Restaurant business in Greater Toronto Area (GTA). This is an all-in-one business providing sports, music, delicious food and award winning catering services. It has a capacity of over 200 people, features a 24 x 12 ft stage and lighting, music sound system, two indoor virtual Golf simulators, billiard lounge and Ping-Pong tables. The business provides meals to students, arena goers, families, catering services to Credit Valley trains, and numerous weddings and corporate events. The lease is favorably structured on a percentage of sales basis.
Call today before it’s Gone!


Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
It’s located within a Town owned sports complex facility, which saved owner from washroom maintenance, garbage removal, snow removal, landscaping maintenance, etc. The location also benefited from the stable customer source during hockey season.
Competition:
The existence of other bars/restaurants is not a competition concern.
Growth & Expansion:
The business has generated stable income for the last 7 years.
Support & Training:
2 FT Monday-Sunday 11am-12am Will train for 2 weeks @ no cost.
Reason for Selling:
Other business opportunities.

Asking Price:$198,000
Gross Income:$215,069
FF&E:$100,000
Inventory:$2,000
Established:2008
Employees:2
CountryCanada
State/ProvinceOntario
distance: 6,369 Kilometers
Address179 John St, Toronto, ON M5T 1X4, Canada
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