72 James St, Parry Sound Ontario P2A 1T5
Square Feet
#4
Excellent opportunity to own a luxurious sports bar/restaurant and an 18-room hotel located In the downtown of Parry Sound. The property is 26, 242 Sq Ft and approx. 20parking spots & more in front & back of the Property.
The half of the Property is occupied by the sports bar/restaurant with seatingcapacity of 300 plus on the main floor, 244 seats on 2nd Floor and 50 seats at thepatio. Professional kitchen with 12 ft exhaust hood and tons of equipment, 4washrooms, 2 walk-ins. Another half is hotel with 18 rooms and a master apartment.
The owner has owned this property and business for 10 years. The management teamand profit are very stable. The annual sales are $1. 4 million and the net profit is about$320k with the owner hands-off. The Owner is planning to retire and sell this property and business. This property has a great potential.
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Reach out for more on this listing.