685 Queen St E Street
Sault Ste Marie
Algoma
P6A 2A6
$180,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X11937430
- Bus Major:
- Restaurant
- Photos (11)
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Don't miss the opportunity to own a highly successful and well-loved plant-based restaurant in Sault Ste. Marie, Ontario. Specializing in delicious and nutritious plant-based cuisine, this thriving business is strategically located in a high-traffic street within a vibrant and growing community. The restaurant boasts steadily increasing revenue, driven by a strong and loyal customer base, a stellar reputation, and low overhead costs, making it a highly profitable investment. It operates with a well-trained, experienced staff, ensuring seamless day-to-day operations and a smooth transition for new ownership. With a long-term lease in place, the business offers stability and significant potential for expansion in the rapidly growing plant-based food industry. Additionally, buyers may benefit from government incentives available for businesses in Northern Ontario, providing further financial advantages. Whether you're an aspiring entrepreneur or an experienced restaurateur, this is a rare opportunity to own a thriving business in a market with immense growth potential. Act now to take advantage of this exciting opportunity and be part of the plant-based revolution! **EXTRAS** Food Cost: Approx. 30-32%, Labor Cost: Approx. 21%, NO ROYALTY. LOW RENT, LONG TERM LEASE.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Retail Area:
- 2065 sq. ft. Sq Ft
- Depth:
- 103'1½"31.4 m
- Frontage:
- 26'11⅞"8.23 m
- Water supply:
- Municipal
- Zoning:
- B6S COMMERCIAL
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- Included
- Type Taxes:
- TMI
- Taxes:
- $2,025 / 2025
- Assessment:
- $- / -
- Sault Ste Marie
- Algoma
- Major Highway, Recreation/Community Centre
- All Chattels
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- Yes
- Financial Statements:
- Yes
- Major Business Type:
- Restaurant
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- 09
- Employees:
- 3
- Chattels:
- Yes
- LLBO:
- Yes
- Outside Storage:
- No
- Seats:
- 70
Larger map options:
Listed by ELIXIR REAL ESTATE INC.
Data was last updated March 3, 2025 at 03:15 PM (UTC)
- ANDREW JOHN COCKS
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 1-705-380-3166
- info@cocksrealty.ca
- LAURA BLAKEY
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 705-349-8060
- laura@cocksrealty.ca
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