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Listed by Elizabeth Parker • Judy Marsales Real Estate Ltd.
$349,900
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40659918
Property Sub-Type Sale of Business
Property Description
Brand new 80 seat Cornish-style pub in historic 1875 building in downtown Dundas - scheduled to open later this year. Concept and design by local entrepreneur, Roger Abbiss (known for iconic local coffeehouses in Westdale, and on Locke Street and James North) The business will have a strong slant toward locally-supplied small-farm foods, local beers, wines and alcohol. Looking for a like-minded Managing Partner/investor to operate the business. The full-time managing partner would draw a salary and share in any profit. Offers should include a CV and information about the personal interest in becoming the managing partner/investor. Vendor reserves the sole and absolute right to refuse any offer. Listing price is for a 49% interest in the business corporation. Lower offers for a proportionately, smaller interest, for the right candidate may be entertained. The corporation will have a shareholder loan outstanding in the amount of approximately $400K for current leasehold improvements, equipment, and furniture. An information sheet will be made available to serious candidates.
Location
Province ON
County Hamilton
Direction Main Street at King Street
Rooms
Kitchen 0
Exterior
Waterfront Description None
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