$350,000
For sale: Other

ESTABLISHED BAR & RESTAURANT IN THE HEART OF OTTAWA!An exciting opportunity to acquire an established bar and restaurant in the heart of Ottawa, known as a popular destination for young professionals and nightlife enthusiasts. Combining food, drinks, great music, an energetic atmosphere, and dancing late into the night, this business attracts patrons looking to unwind after work and enjoy Ottawa's vibrant nightlife throughout the week.After successfully establishing the business, the owner is ready to pursue other priorities, opening the door for a new owner to take the reins and build on its existing foundation. An ideal opportunity for an experienced bar and restaurant operator looking to acquire an established business with the potential to further develop its clientele and offerings.BUSINESS SALE ONLY. Experienced buyers are encouraged to inquire. Strict confidentiality is required. Please do not approach the business or its staff directly. All inquiries must be directed through the listing agent.
Sold data
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,349 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $644,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 2,349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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