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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision 451 - Downtown
MLS Listing ID X12878020
Tax Year 2025
Property Sub-Type Sale Of Business
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.
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 55.5
Lot Depth 117.53
Others
Security Features No
ParcelsYN No
Listed by CENTURY 21 NEW CONCEPT
Nearby Locations
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