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230 FIRST STREET SOUTH
KENORA KENORA P9N1C3

$449,900
Business

Main Photo: 230 FIRST STREET SOUTH in KENORA: Business for sale : MLS®# TB221499
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Status:
Active
Prop. Type:
Business
MLS® Num:
TB221499
Bus Major:
Restaurant
Bus Minor:
Restaurant
Over 31 years of business, this well-established local restaurant is steeped in tradition and opportunity; A very rare and exciting listing. Ristorante is an authentic Italian restaurant, known for delicious and satisfying meals and an enjoyable atmosphere available in the heart of downtown Kenora. These second-generation owners are looking to retire and pass along their amazing recipes to a new owner. This is a turnkey operation with kitchen management that has over 7 years of experience working at Ristorante. During the Covid-19 pandemic, this business was very profitable and has plenty of opportunity for growth. Location and Area - Existing well-established restaurant, with potential for growth - In the heart of a bustling tourism town - Great exposure, signage and location - A well-known recognizable location, nestled in the downtown core - Backdoor entrance for garbage removal and deliveries. - Wide corner unit, plenty of road frontage - Fully licensed outdoor patio and large dining room - Very functional layout - Recently updated front end, dining, bar and bathrooms - Fully equipped commercial kitchen - Has a walk-in cooler Opportunity - Currently operating Tuesday to Saturday, evenings only. Offering dine-in, takeout, catering and delivery. - Utilizing our own delivery vehicle but room to grow with an app delivery service. - Owner ready to provide training in restaurant-specific cuisine if wanted, or start from scratch with your own brand Area: 3200 Sq Ft. Equipment and small wares appraised at $294,535 in 2022 Interior Renovated in 2021 Lease: The owner is willing to negotiate a fair lease, based on the sale price Accessible: Yes Seating: Fully Licensed - Patio seats 40, dining room seats 100 Notes: More information is available upon a confidentiality agreement being signed. The owner may consider selling the building ( 12,800+ sq ft) with 3 leased rental units to a qualified buyer. (id:2493)
Property Type:
Business
Size Interior:
3,200 sq. ft.
Transaction Type:
For sale
Community:
KENORA
Features:
Wheelchair access
Major Business Type:
Restaurant
Minor Business Type:
Restaurant
Building Amenities:
Storefront, Street Lighting
Utilities:
Cable - Available, Electricity - Available, Natural Gas - Available, Telephone - Available
Communication Type:
High Speed Internet
Age:
over 26 years
Exterior Finish:
Stucco
Fireplace:
No
Foundation:
Poured Concrete
Heating Fuel:
Natural gas
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Partial
Road Access:
Road access
Acreage:
No
Lot Size:
under 1/2 acre
Parking Space(s):
4
Parking Type:
Other, Surfaced, Parking Space(s)
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Listed by CENTURY 21 NORTHERN CHOICE REALTY LTD.
Data was last updated June 29, 2022 at 05:15 PM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.