120 Parkview Drive, St. Marys

$825,000.00
120 Parkview Drive
St. Marys, ON N4X 1A8

Successful Business and Commercial Building For Sale

  • Purchase Price includes the freestanding commercial building and existing restaurant/pub business
  • Site Area: Approx. 0.2725 acres (Double Lot)
  • Zoning: C1 - 1 - permits a wide range of uses
  • Property Taxes: Approx. $8,185 (2018)
  • Parking: Plenty of on-site parking
  • Restaurant Summary: Approx. 177 seats inside and approx.117 seats on the patio
  • Gross Sales: Approx. $590,000/year
  • Expenses: Approx. $406,000/year
  • Excellent opportunity to own and operate a popular, successful and established restaurant/pub in Downtown St. Marys, Ontario
  • Currently operating as O’Leary’s Creamery Bar & Grill a well-known restaurant that serves some of the best traditional American food dishes and Pub experience
  • Full kitchen and bar in place, strong year to year sales
  • Restaurant is licensed under the LLBO
  • Turnkey operation - fully furnished and operational dining area, patio area, pub area and kitchen area
  • The current business has been operating since 2015 and prior restaurant/bar business since 1979
  • Very stable and strong year to year sales, which allows for an excellent return on investment for a new owner
  • Financial statements and chattel list are available to qualified buyers
  • Business Inventory is in addition to the asking price and restaurant equipment
  • Several upgrades to the building including a newer roof (2014), newer hood/vent system, new ice maker, new compressors, new walk-in cooler, all new beer lines and all new patio furniture
  • Several newer restaurant equipment upgrades
  • Electrical upgraded to 400 amps
  • Lots of chattels and equipment can be made available

For more information, please contact:
Tyler Desjardine
Sales Representative

519 438 5403
tyler.desjardine@cushwakeswo.com

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