Sales Representative
Price
$149,000
Bedrooms
Not listed
Bathrooms
3 Baths
Size
2224 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
$1800
Vibe Bar and Hookah Lounge for Sale Prime location in Newmarket, this fully licensed and well-established bar offers a unique combination of premium shisha and craft cocktails. With a loyal clientele and stylish interior, the business is positioned for strong profit potential and growth. Located in a high-traffic area, this turnkey investment includes leasehold improvements. The premises are leased, with a semi-gross rent of $6,300/month + HST and water charges of $150/month. The space is versatile, offering the potential to operate as a breakfast restaurant in the morning, a lounge at night, and even a cloud kitchen for additional revenue. Ideal for entrepreneurs looking with significant opportunities to expand the business and customer base.
Access detailed sale and tax history information
Total Monthly Payment
$686 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$119,200
Total Interest Payments
$73,495
Total Payment (Principal + Interest)
$192,695
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.
