haho.ca
$425,000
For sale

206 Hurontario Street, Collingwood - Business for Sale

206 Hurontario Street, Collingwood, Ontario, L9Y2M2

3 baths3 parkingListed 19 days ago
Overview

This business in Collingwood is for sale. It has been on the market 19 days, fresher than the Collingwood average of 73 days.

Description

An exceptional opportunity to acquire FiSH&SiPS, a well-established and renowned seafood restaurant in the heart of downtown Collingwood. Located at 206 Hurontario Street, FiSH&SiPS has been a local favourite for more than a decade, earning a strong reputation as the area's leading niche seafood restaurant. Known for its great food, excellent value and clean, updated atmosphere, this successful, turn-key business offers an established brand, a superb downtown location and an opportunity to build upon an already strong foundation. Licensed for 77 people inside, and 20 on the seasonal licensed patio. The restaurant benefits from the energy of the downtown core and its surrounding shops, boutiques and local attractions. Whether you are an experienced restaurateur looking to expand your portfolio or an entrepreneur ready to step into the hospitality industry, this is a compelling opportunity to take over an established, and profitable operation. This restaurant has a very loyal repeat customer base - some customers dine at Fish & Sips multiple times a week. Abundance of parking downtown, right outside the front door. Very high foot traffic as well. The business and building are available for purchase together or separately, offering flexibility to suit a variety of ownership and investment strategies. The current owner is also willing to remain involved to manage the operation or provide training and transition support to new ownership. ***Confidentiality & Viewing Instructions: To avoid disrupting restaurant operations, all inquiries and viewings must be arranged exclusively through the listing real estate agent. Interested parties are strictly requested not to approach, contact, or discuss the sale of the business with restaurant staff or employees directly. Thank you for respecting the confidentiality of this sale and the ongoing business operations.*** (id:66096)

Property Details

MLS®
S14088458
Property Type
Business
Business Type
Restaurant
Zoning
C1 Commercial
Bathrooms
3
Parking
3
Lot Size
5,445 sq ft (0.12 ac)
Frontage
32 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$9,054.13/yr
Listed
19 days ago

Features

Appliances
Freezer, Water Heater

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
19d
Collingwood listings, avg age
73d
List price
$425K

Active: 19 days on market, against an average age of 73 days across the listings currently for sale in this city

Haho

This business in Collingwood has been listed for 19 days, which is 54 days fresher than the city average of 73. Act while there is still low competition.

Listed by Chestnut Park Real Estate · CHRIS ASSAFF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $425,000, about 5.0× the local median household income of $85,000.

Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$85,000
Population
28,925
Median age
52
Owner / renter
75% / 25%
Avg. household size
2.2

Source: Statistics Canada, 2021 Census (FSA L9Y)

$425,000
For sale

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Financing

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$425,000

Collingwood

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