• Mobile: 647-937-8237
  • Office: 905-731-2000
  • Fax: 905-886-7556

$199,000
Available - For Sale
Listing ID: S12166270
545 Talbot Stre , Tay, L0K 1R0, Simcoe


3 Unit, A 4800 Sqft Free Standing, Well Established and very successful authentic All Day Family Restaurant And Bar Grill,This turn key business is not a franchise, Owners are planning to retire and will provide training to the Buyer to keep the successful tradition going. It has great potential for the right entrepreneur to take it to the next level, by expanding the business hours and implementing online ordering. Well Known Merinos Pizzas Bar And Grill By Everyone In Port McNicoll Area.In A 20000SqFt 2 Lot. New Different Foods Or Business is possible.**EXTRAS** Lease for 2025: $15/sqft net + TMI + HST, plus utilities. Initial training and guidance to make a smooth transition.
Price $199,000
Taxes: $10034.70
Tax Type: Annual
Occupancy: Owner
Address: 545 Talbot Stre , Tay, L0K 1R0, Simcoe
Postal Code: L0K 1R0
Province/State: Simcoe
Legal Description: LT 18 S/S FIRST ST, 19 S/S FIRST ST, 20
Directions/Cross Streets: Talbot / Triple Rd
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
Building Percentage: T
Total Area: 20000.00
Total Area Code:  Square Feet
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Days Open: O
Hours Open: Monday
Employees #: 12
Seats: 120
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Washrooms: 0
Rail: A
Clear Height Feet: 12
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $9,950 $19,900 $29,850 $39,800
First Mortgage $189,050 $179,100 $169,150 $159,200
CMHC/GE $7,562 $5,552.1 $4,736.2 $0
Total Financing $196,612 $184,652.1 $173,886.2 $159,200
Monthly P&I $970.24 $911.22 $858.1 $785.62
Expenses $0 $0 $0 $0
Total Payment $970.24 $911.22 $858.1 $785.62
Income Required $36,384.18 $34,170.93 $32,178.64 $29,460.87

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$491.01
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX COMMUNITY REALTY INC.
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Personal Picture
Mehdi Moghareh Abed
Sales Representative
Dir:
647-937-8237
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Sale Of Business
Area: Simcoe
Municipality: Tay
Neighbourhood: Port McNicoll
Style:
Lot Size: x 119.00(Feet)
Approximate Age:
Tax: $10,034.7
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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