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$180,000

685 QUEEN ST E STREET, Sault Ste Marie, Ontario, P6A 2A6

MLS® # X11937430

FEETSQ sqft

Property Information:

Don't miss the opportunity to own a highly successful and well-loved plant-based restaurant in Sault Ste. Marie, Ontario. Specializing in delicious and nutritious plant-based cuisine, this thriving business is strategically located in a high-traffic street within a vibrant and growing community. The restaurant boasts steadily increasing revenue, driven by a strong and loyal customer base, a stellar reputation, and low overhead costs, making it a highly profitable investment. It operates with a well-trained, experienced staff, ensuring seamless day-to-day operations and a smooth transition for new ownership. With a long-term lease in place, the business offers stability and significant potential for expansion in the rapidly growing plant-based food industry. Additionally, buyers may benefit from government incentives available for businesses in Northern Ontario, providing further financial advantages. Whether you're an aspiring entrepreneur or an experienced restaurateur, this is a rare opportunity to own a thriving business in a market with immense growth potential. Act now to take advantage of this exciting opportunity and be part of the plant-based revolution! **EXTRAS** Food Cost: Approx. 30-32%, Labor Cost: Approx. 21%, NO ROYALTY. LOW RENT, LONG TERM LEASE. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Amenities Nearby: Highway, Recreation
  • Irregular: Yes
  • Lot Depth: 103.1 Feet
  • Lot Frontage: 26.9 Feet
  • Lot Size: 26.99 x 103.12 FT
  • Zoning: B6S COMMERCIAL

Courtesy of: ELIXIR REAL ESTATE INC.

REALTOR.ca  

Location of 685 QUEEN ST E STREET, Sault Ste Marie, Ontario, P6A 2A6

Demographic Information of 685 QUEEN ST E STREET, Sault Ste Marie, Ontario, P6A 2A6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$74,745.13

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.12 %

High school certificate or equivalent

34.66 %

Apprenticeship trade certificate/diploma

7.53 %

College/non-university certificate

18.49 %

University certificate (below bachelor)

1.05 %

University Degree

15.17 %

Commuter

Travel To Work

By Car

64.71 %

By Public Transit

7.13 %

By Walking

20.14 %

By Bicycle

0.0 %

By Other Methods

8.02 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.86 %

Houses

25.14 %

Own Vs. Rent