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$39,900
Available - For Sale
Listing ID: X13647662
Rare turnkey opportunity to acquire an established Bank Street food service business in the heart of Ottawa's Glebe. For God Shakes, an operating milkshake bar located steps from Lansdowne Park and Carleton University, is offered as a going concern including the business name, brand, goodwill, recipes, complete equipment package, and full lease continuity. Trailing twelve month revenue exceeded 397,000 dollars. The 873 square foot unit occupies a prime southbound Bank Street location with high pedestrian counts, established signage, and a modern buildout completed in 2023. Attractive lease locked at base rent to 2033 with a ten year renewal option. Suits owner-operator, first-time food service buyer, or existing operator seeking an additional cash flow location. Full financials, T2 returns, equipment schedule, and lease documents available under NDA following pre-qualification. Please do not approach staff on site. Contact listing agent for showing procedures.
Price $39,900
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 1050 Bank Street , Glebe - Ottawa East and Area, K1S 3X2, Ottawa
Postal Code: K1S 3X2
Province/State: Ottawa
Directions/Cross Streets: Bank bw Sunnyside and Lansdowne
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: Other
Building Percentage: F
Total Area: 873
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: For God Shakes The Milkshake Bar
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: TBD - p
Employees #: 3
Seats: 0
Maintenance: 0
Net Income Before Debt: $23536
Expenses Actual/Estimated: $Act
Sprinklers: Yes
Outside Storage: F
Clear Height Feet: 14
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ZOLO REALTY

1050 Bank Street , Glebe - Ottawa East and Area, K1S 3X2, Ottawa

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: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4403 - Old Ottawa South
Style:
Lot Size: x 100.00(Feet)
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 1
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