$699,900
Available - For Sale
Listing ID: X9516108
54 FOSTER Street , Perth, K7H 1S1, Lanark
| Welcome to Bistro 54, Perth, Ontario's first & only Italian Restaurant since 2005. Located in one of Canada's oldest & prettiest towns sits this beautiful 3 story stone building, built in 1858 by European masons. What you have with this incredible business & property is a turnkey, well maintained, upgraded, solid & well established business with over 8000 seated guests per year & a proven profitability formula. Three floors of renovated space totaling 2788 sq. ft., semi-finished basement 1050 sq. ft., containing HVAC, fresh pasta production, dry storage & walk in cooler. The main floor boasts old world charm through out the 32 seat dining room, service bar, open kitchen & unisex washroom. The second floor also has a 32 seat dining room, 2 washrooms, bar & rustic exposed rough hewn joists & rafters. The third floor is the onsite 1 bedroom residence. This is your opportunity to take over the reins, showcase your culinary talents to become the next generation. Possible VTB |
| Price | $699,900 |
| Taxes: | $7742.00 |
| Tax Type: | Unknow |
| Occupancy: | Owner |
| Address: | 54 FOSTER Street , Perth, K7H 1S1, Lanark |
| Postal Code: | K7H 1S1 |
| Fronting On: | S |
| Province/State: | Lanark |
| Legal Description: | Pt N 1/2 lt 2 S/S Foster St Pl 8828 Lana |
| Lot Size: | 5.68 x 68.65 (Feet) |
| Directions/Cross Streets: | From Hwy 7 take Drummond St., towards downtown and turn right on Foster St., property will be on the |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 | |
| Washroom Type 46 | 0 | |
| Washroom Type 47 | 0 | |
| Washroom Type 48 | 0 | |
| Washroom Type 49 | 0 | |
| Washroom Type 50 | 0 | |
| Washroom Type 51 | 0 | |
| Washroom Type 52 | 0 | |
| Washroom Type 53 | 0 | |
| Washroom Type 54 | 0 | |
| Washroom Type 55 | 0 | |
| Washroom Type 56 | 0 | |
| Washroom Type 57 | 0 | |
| Washroom Type 58 | 0 | |
| Washroom Type 59 | 0 | |
| Washroom Type 60 | 0 |
| Category: | With Property |
| Use: | Restaurant |
| Building Percentage: | T |
| Total Area: | 3885.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 971 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2000 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 100+ |
| Business/Building Name: | Bistro |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 5 to 9 |
| Employees #: | 5 |
| Seats: | 60 |
| LLBO: | Y |
| Insurance Expense: | $4382 |
| Gross Income/Sales: | $452000 |
| Operating Expenses: | $390000 |
| Net Income Before Debt: | $0 |
| Year Expenses: | 2023 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Yes |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE INTEGRITY REALTY |
|
|
.jpg?src=Custom)
Dir:
0
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Lanark |
| Municipality: | Perth |
| Neighbourhood: | 907 - Perth |
| Lot Size: | 5.68 x 68.65(Feet) |
| Approximate Age: | 100+ |
| Tax: | $7,742 |
| Baths: | 3 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples