haho.ca
$89,900
For sale

120 Tollgate Road West, Cornwall - Business for Sale

120 Tollgate Road West, Cornwall, Ontario, K6J5M3

Listed 175 days ago
Overview

This business in Cornwall is for sale.

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

Days on market
175d
Cornwall listings, avg age
79d
List price
$90K

Long Listed: 175 days on market, against an average age of 79 days across the listings currently for sale in this city

Haho

This business in Cornwall is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by CENTURY 21 SHIELD REALTY LTD. · TROY VAILLANCOURT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

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)

$89,900
For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

By requesting this showing you agree that haho.ca and the local agent who follows up may contact you about this and similar properties. Unsubscribe from any message.

Your details go only to the agent who follows up. No spam, unsubscribe anytime.

Financing

Buying this business?

Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.

Ask about acquisition financing →

$89,900

Cornwall

Book a showing