Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com
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$999,900
Available - For Sale
Listing ID: X9516108
Welcome to Bistro 54, Perth, Ontario's first & only Italian Restaurant since 2005. Located in one of Canada's oldest & prettiest towns sits this beautiful 3 story stone building, built in 1858 by European masons. What you have with this incredible business & property is a turnkey, well maintained, upgraded, solid & well established business with over 8000 seated guests per year & a proven profitability formula. Three floors of renovated space totaling 2788 sq. ft., semi-finished basement 1050 sq. ft., containing HVAC, fresh pasta production, dry storage & walk in cooler. The main floor boasts old world charm through out the 32 seat dining room, service bar, open kitchen & unisex washroom. The second floor also has a 32 seat dining room, 2 washrooms, bar & rustic exposed rough hewn joists & rafters. The third floor is the onsite 1 bedroom residence. This is your opportunity to take over the reins, showcase your culinary talents to become the next generation. Possible VTB
Price $999,900
Taxes: $7,742
Occupancy by: Owner
Address: 54 FOSTER St , Perth, K7H 1S1, Ontario
Postal Code: K7H 1S1
Province/State: Ontario
Legal Description: Pt N 1/2 lt 2 S/S Foster St Pl 8828 Lana
Lot Size: 18.64 x 68.65 (Feet)
Directions/Cross Streets: From Hwy 7 take Drummond St., towards downtown and turn right on Foster St., property will be on the
Zoning: C1
Category: With Property
Use: Restaurant
Building Percentage: Y
Total Area: 3,885
Total Area Code:  Sq Ft
Office/Appartment Area: 971
Office/Appartment Area Code: Sq Ft
Retail Area: 2000
Retail Area Code: Sq Ft
Approximatly Age: 100+
Business/Building Name: Bistro
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 4
Hours Open: 5 to 9
Employees #: 5
Seats: 60
LLBO: Y
Insurance Expense: $4382
Gross Income/Sales: $452000
Operating Expenses: $390000
Net Income Before Debt: $0
Year Expenses: 2023
Expenses Actual/Estimated: $Est
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS INTEGRITY REALTY

54 FOSTER St , Perth, K7H 1S1, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Lanark
Municipality: Perth
Neighbourhood: 907 - Perth
Style:
Lot Size: 18.64 x 68.65(Feet)
Approximate Age: 100+
Tax: $7,742
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
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Office: 416-548-7854       Mobile: 416-548-7854      Fax: 416-981-7184         Toll Free: 1-866-382-2968
Office Address 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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