Restaurant for sale, established for over 40 years, including 10 years with us. Excellent turnover. Renovated in 2020 and 2021 for around $400,000.

Capacity of 80 people on the restaurant side, 80 people on the bar side and 40 people on the terrace.

Several purchase options:

Sales of shares $100,000 plus inventory (same company) or purchase of assets, so new company, $350,000.

There may be negotiations on some points. Taking possession 15 days

Restaurant à vendre, établi depuis plus de 40 ans, dont 10 ans avec nous. Excellent chiffre d'affaires. Rénové en 2020 et 2021 pour environ 400 000 $.

Capacité de 80 personnes du côté restaurant, 80 personnes du côté bar et 40 personnes sur la terrasse.

Plusieurs possibilités d'achat :

Ventes d'actions 100 000 $ plus inventaire (même compagnie) ou bien achat des actifs, donc nouvelle compagnie, 350 000 $.

Il peux y avoir négociations sur certains points. Prise de possession 15 jours

Complete Description

Property features

Asking Price

$350,000

Details

Under municipal evaluation

Number of commercial units

Year of construction

1984

Building dimensions

4 133.34 ft² (384 m²)

General condition

Very good

Certificate of Location

Number of parkings

Company

Restaurant L'Accueil

Franchise

In operation since

1984

Municipal evaluation's date

2023

Taxes year

2023

Heating source:

Electric

Features:

Water softener
Handicapped Facilities
Air Conditioning
Monitoring Camera
Cold Room
Fire Detector
Shed
Network Cabling

Upgrades:

Electricity
Windows
Floors
Plumbing
Bathrooms
Roof

Parking / Driveway:

Asphalt

Zoning:

Bar
Restaurant

Lot description:

Flat geography

Near Commerce:

Supermarket
Drugstore
Financial institution

Near Educational Services:

Day nursery
Elementary school

Near Recreational Services:

Gym
Library
ATV trails

Complete list of property features

Annual and Monthly costs

Municipal taxes

$854.33

$10,252.00

School taxes

$43.58

$523.00

Electricity

$2,000.00

$24,000.00

Insurance

$1,229.17

$14,750.00

More info on the costs involved in buying a property

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.