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$199,000
Available - For Sale
Listing ID: X12611032
East End Social Bar & Grill is a popular roadhouse-style restaurant located on Main Street East in the City of Hamilton. Situated on one of the city's main arteries, this well-known local favourite enjoys strong visibility and steady traffic. The area is well-established and continues to grow, making this an excellent opportunity for both owner-operators and experienced hospitality groups. The 2,700 sq ft layout is designed for efficiency, making it easy to staff and manage labour costs. The liquor license covers 57 seats inside and an additional 43 on the semi-covered patio, allowing for strong seasonal sales. The full commercial kitchen features a 13-ft hood, two walk-in fridges, and a walk-in freezer, providing ample capacity for a variety of food programs. The lease is very reasonable at $9,000 gross(including TMI) with 5 + 5 years remaining. There are four dedicated parking spots and plenty more available in the adjacent pay lot. This is a turnkey business with excellent sales and strong profitability, ideal for someone looking to step into a proven and established operation.
Price $199,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 1342 Main Street East , Hamilton, L8K 1B5, Hamilton
Postal Code: L8K 1B5
Province/State: Hamilton
Legal Description: PT LT 5, PL 512 , AS IN CD326824 ; HAMIL
Directions/Cross Streets: Main St E & Huxley Ave S
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 2,700
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 7-11
Employees #: 10
Seats: 139
Maintenance: 0
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary Availa
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ROYAL LEPAGE SIGNATURE REALTY

1342 Main Street East , Hamilton, L8K 1B5, Hamilton

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Hampton Heights
Style:
Lot Size: x 117.50(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908