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Accommodation & Food Services

QSR With Building In Simcoe County

Elmvale, ON, CAN
Listed 231 days ago
Established 2023

56 Yonge Street S, Elmvale, Ontario - currently operating as a local favourite quick Greek Style restaurant. Why this location is compelling for QSR: The current owners are seniors and are retiring, so this is a time-sensitive sale as they’re making near-term plans. Tremendous opportunity to increase revenue. Currently owners are operating with limited hours : open for lunch and dinner Monday to Saturday. **Please see all attached documents for more information. Please DO NOT approach the owners regarding the sale however please feel free to stop in and enjoy their food - it's delicious.

Location

Prime high street location (entrance / exit into community of ELMVALE), minutes from hwy 400, Wasaga Beach, and Barrie

Employees

2

Real Estate

Real Property Included

Trading Hours

Monday to Saturday (lunch and dinner hours)

Management Type

This business is owner operated.

Premises Details

Detached stand alone building on QSR corridor of town. Ability to add addition or drive-thru. Bonus: beautiful side deck with outdoor seating

Support & Training

yes 2 weeks (negotiable)

Expansion Potential

Yes - lot size permits ability to expand footprint as well as adding a second story

Size In Square Feet

966 sqft ground floor + basement

Competition / Market

Currently operating as a Greek QSR - no others in town. Locals enjoy the menu as a non-franchise family run business.

Living Accommodation

*call broker to discuss

Reason for Selling

retiring

Financials

Asking Price
$749K
RevenueMost Recent Year
Undisclosed
Earnings (SDE)Last Reported
$100K - $250K
Assets Value
Undisclosed
Seller Financing
Not available

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