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HomeLife/Miracle Realty Ltd, Brokerage *

Gurpreet Multani
Sales Representative
Office Phone: 905-454-4000
Direct: 416-844-5380
www.realtormultani.com

HomeLife/Miracle Realty Ltd, Brokerage *
Pic_of_house
Status:
For Sale
Property Price:
$849,000
Business Type:
Restaurant
Property Type:
Sale Of Business
Cross Street:
Lakeshore Rd & Trafalgar Rd
Heating:
Gas Forced Air Open
Employees:
7
Financial Statement:
No
Freestanding:
No
Industrial Area:
0 Sq Ft
Legal Description:
PT LT B, BLK 11, PL 1 20R12809; OAKVILLE. T/
Sewers:
San+Storm
Total Size:
5000 Sq Ft
Type Taxes:
Annual
Zoning:
C3R
Lot Size:
0 X 0 Feet
Water:
Municipal
Remarks:

The Pescaraa Restaurant & Venue is a highly successful business with exceptional sales and strong profitability. This 5,000 sq. ft. establishment is spread over two levels. The main level features a charming Italian restaurant with seating for 70-80 guests, while the lower level offers a banquet hall accommodating up to 100 people. Equipped with a full chefs kitchen, a large liquor license, and a spacious outdoor patio, this restaurant is fully prepared for business. The property boasts a long-term lease of 2+5 years at approximately $10,500 gross (including TMI). Situated in the vibrant town of Oakville, surrounded by a growing population, this location has undergone extensive renovations and upgrades by the current owner with significant investment. The kitchen is fully equipped and ready for operations. Don't miss this excellent business opportunity!

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Gurpreet  Multani, Sales Representative

HomeLife/Miracle Realty Ltd, Brokerage *

Gurpreet Multani
Sales Representative
Office Phone: 905-454-4000
Direct: 416-844-5380
www.realtormultani.com

HomeLife/Miracle Realty Ltd, Brokerage *
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