Jag Patel
Broker
$449,970
Available - For Sale
Listing ID: X11932439
159 Montreal Rd , Vanier and Kingsview Park, K1L 6E8, Ontario
| Situated in a prime high-traffic location in Ottawa's bustling Vanier and Montreal area, this highly profitable Indian Fusion restaurant is an unparalleled turnkey business opportunity. With a gross monthly revenue exceeding $50,000 and a strong net operating income, this establishment is a fan favorite among locals and visitors alike, earning glowing reviews and a rapidly growing customer base. Led by an award-winning "World chefs Certified MasterChef," this restaurant is renowned for its unique and carefully curated menu that masterfully blends Indian cuisine with world flavors. Complementing its culinary excellence, the restaurant features a full bar offering a selection of domestic and imported beers on tap, along with signature fusion cocktails and mocktails that have become customer favourites. With a spacious 1750 sqft. main dining area, an 850 sqft. basement for storage, and an inviting 600 sqft. patio, this establishment comfortably seats 40 guests indoors and 26 on the patio, creating an inviting ambiance for casual dining and special gatherings alike. Its strategic location places it in close proximity to offices, hotels, and residential neighborhoods, ensuring a steady flow of patrons throughout the day. Aspiring restaurateurs will benefit from two weeks of comprehensive training, ensuring a smooth transition with an easy learning curve. Backed by a team with over 20 years of experience in the culinary industry, including work in five-star hotels, cruise lines, and fine dining establishments, this restaurant is perfectly positioned for continued success. Serious buyers will have access to comprehensive financial details upon qualification. Don't miss this exciting chance to own a thriving Indian Fusion restaurant in a vibrant community, backed by a proven brand and an experienced support team. |
| Price | $449,970 |
| Taxes: | $9436.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 159 Montreal Rd , Vanier and Kingsview Park, K1L 6E8, Ontario |
| Postal Code: | K1L 6E8 |
| Province/State: | Ontario |
| Lot Size: | 62.00 x 99.00 (Feet) |
| Directions/Cross Streets: | Corner of Vanier Parkway and Montreal Road/ Durocher |
| Category: | Without Property |
| Use: | Restaurant |
| Retail Area: | 1750 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | Y |
| Hours Open: | See Rem |
| Employees #: | 13 |
| Seats: | 66 |
| LLBO: | Y |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3402 - Vanier |
| Lot Size: | 62.00 x 99.00(Feet) |
| Tax: | $9,436 |
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