For Sale

$395,000

428 Rue Principale O. , Magog, QC J1X2A9

Remarks

Welcome to Taverne 1855. Operated for many years by a passionate team, this family business reflects all that the region has to offer, whether it be the quality of the food or the rigorously presented menus. The quality of this cuisine makes this place a known and recognized home base for a stable clientele. If you wish to enter a profitable, stable and recognized business, this is for you. The asking price is 5 times the EBITDA. Ask for more information!

* The zoning allows the uses provided for in grid Eh31Cr.

* A confidentiality agreement will have to be signed by any buyer interested in receiving the financial statements as well as a proof of financial capacity (issued by a Caisse and/or Bank).

* The term of the lease is 1 year with the possibility of additional periods of 1 year to 5 years with 6 months notice prior to the end of the lease at the option of the tenant. The lease has been renewed until December 2023.

* The seller wishes to retain the jobs of the current staff 3 months after the sale of the business.

* Description of the rooms:
- First floor: Resto: 58 X 22 irregular; Terrace: 23 X 12; Kitchen: 15.11 X 10;
- Basement: Kitchen (preparation): 18 X 14.7; Cold room: 7.10 X 7;
- Kitchen (preparation): 18 X 14.7

*The owner will be able to stay working for a period of one month to support the future owner.

Inclusions:

The equipment necessary for the operation of the restaurant.

Exclusions:

Deer head, Osteria coffee machine, automatic coffee grinder, collection of old beers, 2 Italian light fixtures, pastry counter, mixer, Thermomix, vacuum machine, patio heater, milkshake mixer, Kenmore washer and dryer, 2 black chandeliers.

Property Summary

  • Lot Assessment: $71,500.00
  • Building Assessment: $555,300.00
  • Total Assessment: $626,800.00
  • Assessment Year: 2022
  • Municipal Tax: $622.00
  • School Tax: $32.00
  • Annual Tax Amount: $654.00 (2022)
  • Lot Frontage: 7.62 Metre
  • Lot Depth: 33.07 Metre
  • Lot Size: 210.3 Square Metres
  • Building Width: 24.0 Feet
  • Building Depth: 60.0 Feet
  • No. of Parking Spaces: 4
  • Built in: 2005
  • Zoning: COMM

Property Features:

  • Type of Business:
    Restaurant
  • Type of Operation:
    Retail

Building Features:

  • Heating System:
    Forced air , Convection baseboards
  • Water Supply:
    Municipality
  • Heating Energy:
    Electricity , Natural gas
  • Equipment/Services:
    Mobility impaired accessible , Other , Fire detector , Air exchange system , Alarm system , Sprinkler system
  • Windows:
    PVC
  • Foundation:
    Poured concrete
  • Siding:
    Brick
  • Basement:
    6 feet and more , Finished basement
  • Parking:
    Driveway
  • Sewage System:
    Municipality

Expenses (annual)

  • Snow removal
    $13.00

Office Listing: 

Mario Lamirande - Courtier immobilier agréé

Lifestyle
Neighbourhood Info
Réseau Longpré Lamirande

Réseau Longpré Lamirande

Phone:  819.868.5000

Royal LePage Au Sommet, Real Estate Agency (Independently owned and operated)

250 Rue Principale Ouest
Magog,  QC J1X2A5

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