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$ 159,000
Est. payment /mo
New
331 Bayfield ST Barrie, ON L4M 3C2
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Bayfield
MLS Listing ID S12646930
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Profitable and well-established restaurant business with over 9 years of successful operation. Located in a high-traffic, prime area just minutes from Highway 400, this fully operational restaurant offers excellent visibility and consistent customer flow. The business generates strong annual sales of approximately $400,000 (2023-2024) and comes fully equipped with a modern commercial kitchen, quality furnishings, and a POS system. An additional 350 sq. ft. of space provides flexibility and can easily be converted into an office or storage area. There is significant growth potential by extending operating hours and increasing marketing efforts. Currently, over 80% of revenue is generated during lunch hours, leaving a major opportunity to expand evening and dinner sales. The location benefits from heavy tourist and roadway traffic, and nearby restaurants experience strong sales after 9 PM, highlighting the untapped potential. The business is absentee-owned, making it ideal for an owner-operator or investor seeking to increase profitability. The current owner plans to relocate, creating an excellent opportunity to acquire a proven business with strong upside.
Location
Province ON
County Simcoe
Area Simcoe
Interior
Cooling Yes
Exterior
Lot Frontage 178.66
Lot Depth 30.0
Others
ParcelsYN No
Listed by CANADA BUILD PLATINUM REAL ESTATE BROKERAGE INC.