120 Tollgate Road West, Cornwall - Business for Sale
120 Tollgate Road West, Cornwall, Ontario, K6J5M3
Description
The Village Diner has been serving the community for a number of years and offers a fantastic turnkey opportunity for an owner operator or investor looking for an easy transition into a fully operational and established business. The restaurant is currently configured for approximately 80 seats and features a fully equipped commercial kitchen that is exceptionally clean, well maintained, and ready for immediate operation. All chattels and equipment are owned by the current owner and are included in the sale, allowing a new owner to step in and start operating from day one. The business has built a strong local reputation and loyal customer base over the years with excellent potential for continued growth. Currently operating as a successful breakfast and lunch restaurant, there is also exciting opportunity for a new owner to expand hours and introduce dinner service to further maximize revenue potential. Owner willing to provide supplier information and assist with a smooth transition. A rare opportunity to purchase a well established and cared for restaurant business with everything in place to succeed. (id:66096)
Property Details
- MLS®
- X13122404
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Frontage
- 289 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 175 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 175 days on market, against an average age of 79 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K6J)
This home lists at $89,900, about 1.5× the local median household income of $60,400.
Carrying it typically needs a household income of about $17,561 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $60,400
- Population
- 17,827
- Median age
- 46.8
- Owner / renter
- 54% / 46%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA K6J)
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$89,900
Cornwall