$ 399,000
-
$399,000
Price -
0
Bed - Bath
-
3,700
SqFt
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About the Listing 20002200 -
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. Customers Enjoy Ample Parking And 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 $55,000 Per Month. Net Income Is Strong At Around $26,000 To $27,000 Monthly. Rent Is Very Affordable At $3,800 Per Month Including HST. A Favorable Lease Runs Until 2029, Giving The New Owner Peace Of Mind. The Current Owner Has Operated This Restaurant Successfully For Ten Years. 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.
Listing Highlights for 45 Geneva St
Status
Active
Days on Site
23
Property Type
Business Opportunity
MLS ®
X12349985
Year Built
Total Square Footage
3,700
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Yes
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Sanitary+Storm
- Parking Features: Outside/Surface
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
45 Geneva St St. Catharines, ON L2R 4M5
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