On the market for 33 days — longer than average. The seller may be open to negotiation.
TURNKEY RESTAURANT ASSET SALE - SMOKEY SAM'S BARBECUE | MISSISSAUGA. Exceptional opportunity to acquire the restaurant business and assets of SMOKEY SAM'S BARBECUE, prominently located along a major Mississauga transit corridor with excellent visibility and accessibility. Asset Sale Only - Land and Building Not Included. This impressive 6,500 sq. ft. restaurant features approximately 175 indoor seats plus a large outdoor patio with approximately 140 seats, offering significant capacity for dine-in, private events, catering and entertainment concepts. The restaurant features a large commercial kitchen and three commercial exhaust hoods measuring approximately 9 ft, 9 ft & 8 ft, along with 2 coolers and 2 freezers. Most restaurant equipment is included in the sale, providing an excellent opportunity for an operator to take over an established, fully equipped restaurant space. Restaurant currently operating 7 days a week. Lease expires December 31, 2030. Landlord will give 5 Years additional term subject to landlord approval for new Buyer. Monthly gross rent including HST: approximately $22,000. Water and hydro included in TMI rent. Tenant pays gas only. Excellent opportunity for restaurant, banquet, entertainment or other permitted food-service concepts, subject to landlord approval and applicable regulations. *** Seller is willing to do In House Finance or STB ***
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