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    For Sale - 45 Geneva Street, St. Catharines, Ontario

    Est payment $1,730/mo
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    Views   1
    Time on Jump  141 day

    AI Summary *

    • Located in fast-growing St. Catharines with high traffic and visibility.
    • Spacious and nicely decorated dining area creates a welcoming atmosphere.
    • Wide variety of delicious Korean dishes meeting rising demand.
    • Strong sales averaging $55,000 monthly with solid net income.
    • Favorable lease until 2029 ensures stability for new ownership.




    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. 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 IDX12349985
    Address45 Geneva Street
    CitySt. Catharines, Ontario
    Price$349,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Agency:  CENTURY 21 NEW CONCEPT
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    45 Geneva Street
    St. Catharines , Ontario
    $349,000
    Get more info