357 MILL STREET, Essa (Angus)

$274,999

For sale: Other

Other at 357 MILL STREET, Essa (Angus)
Property type
Sale Of Business
MLS®
MLS® N13816646
Neighbourhood
Angus

Excellent opportunity to acquire a turnkey restaurant business in Angus, featuring a well equipped commercial kitchen, spacious storage area, and a 70-person patio total monthly rent is 2700 approximate (no TMI). Business Presently run as an Indian Restaurant. The business also includes a food truck operation, providing additional revenue opportunities through live catering and sales at three established prime locations in Barrie, Collingwood, and Orillia. The restaurant enjoys regular catering orders, offering an additional and proven revenue stream. The well-appointed kitchen is designed to support both restaurant operations and catering requirements, while the generous storage space provides excellent functionality. A great opportunity for an owner-operator or investor looking to acquire an established restaurant business with multiple revenue channels, catering potential, food truck operations, and established locations.

Sold data

Homes in Essa (Angus) — recent sold market

Homes in Essa (Angus) took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 56, across 74 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $699,450.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 3% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$699,450
Sale-to-list ratio
96.6%
Sold above asking
3%

Based on 74 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 357 MILL STREET