$79,000
Available - For Sale
Listing ID: X12837708
255 King Street East , Hamilton, L8N 1B9, Hamilton
| A rare opportunity to acquire a long-standing, well-known restaurant in the heart of downtown Hamilton. Das Schnitzelhaus (formerly Black Forest Inn) has been a fixture in the community for decades and now operates under new ownership, offering a solid foundation with room for growth. The restaurant spans approximately 4,866 square feet and is located within a heritage-designated building, providing character, charm, and an authentic atmosphere that is difficult to replicate. Current monthly sales average $100,000, with upside potential through expanded hours, programming, or concept refinement. Licensed for 130 indoor seats plus an additional 93 seats on a highly visible corner patio, this space is well-positioned to capitalize on downtown foot traffic, events, and seasonal patio demand. The existing concept is well-established and recognized, and continuing the operation as-is would be ideal. That said, the layout and ambiance also lend themselves to alternative concepts-such as a traditional Irish pub for operators looking to put their own stamp on a historic space. The current owner is committed to a smooth transition and will remain on-site to train and assist for 4-6 weeks, ensuring continuity of operations and knowledge transfer. An excellent opportunity for an experienced operator or hands-on owner seeking a character-rich location with history, liquor licensing, and long-term potential in a growing downtown core. New lease to be negotiated with Landlord. Current Gross Rent = $8000 Inclusive of TMI & HST. Please do not go direct or speak to staff. Your discretion is appreciated. |
| Price | $79,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 255 King Street East , Hamilton, L8N 1B9, Hamilton |
| Postal Code: | L8N 1B9 |
| Province/State: | Hamilton |
| Directions/Cross Streets: | King St E & Wellington Ave N |
| 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: | Restaurant |
| Total Area: | 4866.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 2-9pm |
| Employees #: | 18 |
| Seats: | 223 |
| Washrooms: | 0 |
| 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. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Beasley |
| Fireplace: | N |
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