$39,900
Available - For Sale
Listing ID: X13647662
1050 Bank Street , Glebe - Ottawa East and Area, K1S 3X2, Ottawa
| Rare turnkey opportunity to acquire an established Bank Street food service business in the heart of Ottawa's Glebe. For God Shakes, an operating milkshake bar located steps from Lansdowne Park and Carleton University, is offered as a going concern including the business name, brand, goodwill, recipes, complete equipment package, and full lease continuity. Trailing twelve month revenue exceeded 397,000 dollars. The 873 square foot unit occupies a prime southbound Bank Street location with high pedestrian counts, established signage, and a modern buildout completed in 2023. Attractive lease locked at base rent to 2033 with a ten year renewal option. Suits owner-operator, first-time food service buyer, or existing operator seeking an additional cash flow location. Full financials, T2 returns, equipment schedule, and lease documents available under NDA following pre-qualification. Please do not approach staff on site. Contact listing agent for showing procedures. |
| Price | $39,900 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Owner |
| Address: | 1050 Bank Street , Glebe - Ottawa East and Area, K1S 3X2, Ottawa |
| Postal Code: | K1S 3X2 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Bank bw Sunnyside and Lansdowne |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Other |
| Building Percentage: | F |
| Total Area: | 873.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | For God Shakes The Milkshake Bar |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | TBD - p |
| Employees #: | 3 |
| Seats: | 0 |
| Net Income Before Debt: | $23536 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Yes |
| Washrooms: | 1 |
| Outside Storage: | F |
| Clear Height Feet: | 14 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ZOLO REALTY |
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Mak Azad
Broker
Dir:
647-831-6400
Bus:
416-298-8383
Fax:
416-298-8303
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Ottawa |
| Municipality: | Glebe - Ottawa East and Area |
| Neighbourhood: | 4403 - Old Ottawa South |
| Baths: | 1 |
| Fireplace: | N |
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