• Mobile: 647-831-6400
  • Office: 416-298-8383
  • Fax: 416-298-8303

$547,000
Available - For Sale
Listing ID: N12094145
117 Young Stre , New Tecumseth, L9R 0E9, Simcoe


Turnkey Business Opportunity Tecumseth! Thriving Symposium Café & Lounge in Rapidly Growing New Don't miss your chance to own a highly successful and well-established Symposium Café Restaurant & Lounge in the booming town of New Tecumseth! With a solid reputation, loyal customer base, and consistent annual sales exceeding $1.3 million, this business is primed for continued success and growth.Highlights:1) Prime AAA Location with high visibility and ongoing development all around2) Spacious & Stylish: 110 indoor seats 64-seat beautiful outdoor patio3) Long-term Lease in place with excellent terms4) All-inclusive, family-friendly menu that keeps guests coming back5) Turnkey operation professionally designed, fully equipped, and ready to go6) Strong Brand Recognition A favorite among locals and a destination spot for visitors from across New Tecumseth and surrounding areas Symposium Cafe Alliston is more than just a restaurant it's a staple in the community, known for its elegant ambiance and versatile menu offerings. Whether you're an experienced operator or looking to step into a thriving business with proven returns, this opportunity checks all the boxes.Inquire today to learn more about owning a standout restaurant in one of Ontario's fastest growing regions!
Price $547,000
Taxes: $0.00
Tax Type: TMI
Occupancy: Owner
Address: 117 Young Stre , New Tecumseth, L9R 0E9, Simcoe
Postal Code: L9R 0E9
Province/State: Simcoe
Legal Description: PT LT 32 CON 7 ADJALA AS IN RO653958 ; N
Directions/Cross Streets: INDUSTRIAL PKWY AND YOUNG ST
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
Building Percentage: F
Total Area: 4100.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 8 AM 11
Employees #: 12
Seats: 170
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Washrooms: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $27,350 $54,700 $82,050 $109,400
First Mortgage $519,650 $492,300 $464,950 $437,600
CMHC/GE $20,786 $15,261.3 $13,018.6 $0
Total Financing $540,436 $507,561.3 $477,968.6 $437,600
Monthly P&I $2,666.95 $2,504.72 $2,358.69 $2,159.48
Expenses $0 $0 $0 $0
Total Payment $2,666.95 $2,504.72 $2,358.69 $2,159.48
Income Required $100,010.77 $93,927.12 $88,450.82 $80,980.38

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$1,349.67
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.
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Mak Azad
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At a Glance:
Type: Com - Sale Of Business
Area: Simcoe
Municipality: New Tecumseth
Neighbourhood: Rural New Tecumseth
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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