45 Geneva Street

FOR SALE
$298,800
45 Geneva Street, St. Catharines
45 Geneva Street
45 Geneva Street
45 Geneva Street
45 Geneva Street
45 Geneva Street
45 Geneva Street
45 Geneva Street
45 Geneva Street
45 Geneva Street
45 Geneva Street
45 Geneva Street
Sale Of Business
CATEGORY
1,500 Sq Ft
RETAIL AREA
X12878020
MLSID
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Property Description
This Well-Known Korean Restaurant Is Located In St. Catharines, The Fastest Growing City In The Niagara Region, Also Known As The Beautiful Garden City. It Sits On A Busy Street With High Traffic And Great Visibility. Quick Access To Downtown. The Spot Is Close To Brock University And Niagara College, Bringing In Students, Travelers, And Local Residents. The Dining Area Is Spacious, Clean, And Nicely Decorated. It Creates A Warm And Welcoming Atmosphere. The Restaurant Offers A Wide And Delicious Korean Menu, Meeting The Rising Demand For K-Food. The Quality And Variety Of The Dishes Keep Customers Coming Back. Sales Average About $47,000 Per Month. Net Income Is Strong At Around $21,000 To $22,000 Monthly. Rent Is $3,850+Hst Per Month. A Favorable Lease Runs Until 2029. The Current Owner has Successfully operated this Restaurant. The Business Has Built A Great Reputation And A Loyal Customer Base. This Is A Rare Chance To Own A Profitable And Well-Established Restaurant In A Prime Location. It Is Perfect For Experienced Operators Or First-Time Buyers. Don't Miss Out On This Excellent Opportunity.
Property Details
Address
45 Geneva Street
Postal Code
L2R 4M5
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
M1
Lot Size
56' x 118'
Retail Area
1,500 Sq Ft
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Century 21 New Concept
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