The Lion Pub & Grill - Exceptional Business Opportunity in Prime Newmarket An outstanding opportunity to acquire The Lion Pub & Grill, a well-established, fully licensed pub and restaurant situated along one of Newmarket's prominent, high-traffic commercial corridors. Renowned for its inviting ambiance, loyal customer base, and established food-and- beverage operations, this neighbourhood favourite presents an exceptional opportunity for entrepreneurs and hospitality professionals seeking to invest in a thriving business with significant growth potential. Key Features & Highlights Turnkey Business Operation: Fully equipped and furnished, with all existing equipment, chattels, and furnishings included for a seamless transition. Impressive Seating Capacity: LLBO-licensed establishment accommodating up to 210 guests indoors, complemented by an additional 75-seat outdoor patio. Attractive Lease Terms: Competitive lease arrangement with favourable terms and renewal options. Established Revenue Streams: Supported by dine-in service, takeout offerings, and private events. Prime Commercial Location: Exceptional visibility, prominent signage opportunities, and ample on-site parking. Well-Equipped Commercial Kitchen: Meticulously maintained kitchen featuring commercial-grade equipment, a walk-in cooler, and an efficient operational layout. Recognized Local Presence: An established brand with strong community connections and a loyal, repeat clientele. Substantial Growth Potential: Opportunities to enhance profitability through live entertainment, expanded promotional initiatives, special events, and strategic marketing. A rare opportunity to acquire an established hospitality business in a sought-after Newmarket location. Whether you are an experienced restaurateur or an ambitious entrepreneur looking to enter the hospitality industry, The Lion Pub & Grill offers a solid foundation upon which to build and expand (id:66096)
Property Details
MLS®
N14031314
Property Type
Retail
Zoning
COMMERCIAL
Lot Size
4,346 sq ft
Frontage
50 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$13,911.55/yr
Listed
22 days ago
Features
Lot Features
Irregular lot size
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
22d
Newmarket (Newmarket Industrial Park) listings, avg age
67d
List price
$250K
Extended: 22 days on market, against an average age of 67 days across the listings currently for sale in this city
Market timing · days on market0 → 67d avg age of current listings
Extended · day 22
Homes here sell faster than most markets
Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.
Haho
This retail in Newmarket (Newmarket Industrial Park) has been listed for 22 days, which is 45 days fresher than the city average of 67. Act while there is still low competition.
Listed by RE/MAX COMMUNITY REALTY INC. · JAY NADARAJAH
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L3Y)
This home lists at $249,900, about 2.7× the local median household income of $93,000.
Carrying it typically needs a household income of about $48,814 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Median household income
$93,000
Population
43,556
Median age
45.6
Owner / renter
68% / 32%
Avg. household size
2.5
Source: Statistics Canada, 2021 Census (FSA L3Y)
$249,900
For sale
Book a showing
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Financing
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