Listing Details
Co-op commission: 1%
Subtype: Manufacturing, Restaurants & Food, Other Specialty
Business Type: Miscellaneous Restaurant and Bar
Year built: 1962
Year renovated: 2015
Year established: 2013
Total building size (sq. ft.): 18000
Typical floor size (sq. ft.): 18000
Building class: A
Zoning: ITN and RTEP
Parking spaces: 20
Floors: 1
Floor Area Ratio (Floor Space Index): 0.125
Employees: 10
Real estate: Owned
Beds: 3
Lot Size: 172,000
Ceiling Height: 10 ft.
Financial Details
Inventory: $300,000
Furnitures, Fixtures, and Equipment: $300,000
About the Business
Competition:
Local breweries and restaurants
Growth and expansion potential:
Opportunities to grow and expand are enormous.
Support and training for new ownership:
Hands on training available on request
Reason for selling:
Owners are ready to retire
Description
This property is a converted school building on a 4 acre lot. It houses a craft brewery - which produces award-winning beers that are available in lcbo stores - along with a European style restaurant. Several patios provide possibilities to expand and create a venue for events, weddings, concerts etc. The business is running and could be taken over as is. In 2023, a food forest was started with the intention to provide the restaurant in the future with onsite grown organic produce. Industrial loft living space for at least one family in the south-west wing of the building is currently in use as the owners/operators dwelling. The building could use some paint work and brick wall restauration, but the structural integrity is perfectly sound. The potential uses for this property are endless with the multitude of zonings. Owners/operators are slowly looking to retire and will be selling with heavy hearts.
Location & nearby
This listing is located in Simcoe, ON N3Y 4K6
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