$550,000
Available - For Sale
Listing ID: E12315612
2620 Simcoe Stre North , Oshawa, L1L 0R1, Durham
| Located at the prime location of Windfields, Oshawa N, Palm Court Restaurant is a well established and beloved dining destination offering a warm, inviting atmosphere and a menu full of delicious, high-quality dishes and the LLBO license, offering a wide range of beverages and cocktails. The restaurant boasts of its loyal customer base and a prime location in the bustling windfields area, making it an incredible opportunity for a passionate entrepreneur or restaurateur looking to take over a thriving business. Situated on a busy Simcoe St N, the restaurant enjoys high visibility and steady foot traffic, and is known for great food, friendly service, and cozy ambience, which has built a strong local following. The restaurant is 2800 Sq ft. It has a setup that supports 2 kitchens for different cuisines. Rent $12043 (Includes base rent &TMI). 10 Year lease commenced in February 2021. Hence 5 years, 7 months remaining on lease. Seating: Dining Section-56; Bar Section seats 38, Total Liquor license (LLBO) capacity is 90. Restaurant opened April 2022, Business age is 3 years, 3 months. All Equipment is owned. Currently 10 Employees. |
| Price | $550,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Owner |
| Address: | 2620 Simcoe Stre North , Oshawa, L1L 0R1, Durham |
| Postal Code: | L1L 0R1 |
| Province/State: | Durham |
| Directions/Cross Streets: | Windfields & Simcoe |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 11:00PM |
| Employees #: | 10 |
| Seats: | 84 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ZOLO REALTY |
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Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Durham |
| Municipality: | Oshawa |
| Neighbourhood: | Windfields |
| Fireplace: | N |
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