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 $325K (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.
Address
331 Bayfield Street
List Price
$159,000
MLS® Status
New
Expiration Date
2026-06-19
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Barrie
Sub-Area
Bayfield
Region
Simcoe
Lot Size Source
MPAC
Lot Depth
30
Lot Type
Unit
Lot Size Units
Feet
Lot Width
178.66
Parcel Number
588090003
Occupant Type
Tenant
Cross Street
Bayfield and 401
MLS® Number
S12646930
Listing Brokerage
CANADA BUILD PLATINUM REAL ESTATE BROKERAGE INC.
Basement
No
Postal Code
L4M 3C2
Tax Year
2024
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Other
Cooling Features
Yes
Garage Type
Other