$749,000
FOR SALE

Business for Sale

Restaurant

Lot: 302.47 x 75.75 ftTotal Area: 3,000 ft2
2023 Taxes: $5,589

4327 Hwy 7
Asphodel-Norwood, ON K0L 2V0 | Norwood | Peterborough

Excellent chance for the well-known "Jacks" family restaurant, which is situated on main Highway 7 in Norwood. With several upgrades, including a recently constructed patio, the building and land exhibit a strong sense of pride of ownership. The Ouse River flows at the rear of the property. This well-designed 3000 square foot restaurant has 30 seats outside on the deck, 68 licensed seats inside, and a paved parking area for 30 automobiles. This restaurant with an LLBO license that serves breakfast, lunch, and dinner has strong sales. Land, a building, a business, and its equipment are included in this acquisition.
Share
Listed By HOMELIFE TODAY REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9052990
Last Updated Jul 24, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name Jack's Family Restaurant
Category With Property
PIN 282190093
Legal Description PT LT L PL 6 NORWOOD; PT MILL RESERVE PL 6 NORWOOD
Occupancy Owner
Possession Date Flexible
Taxes (2023) $5,589
Tax Type Annual
Directions/Cross Streets HWY 7 & Mill St
Neighbourhood Norwood
Area Peterborough
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 2
Lot 302.47 x 75.75 ft
Lot Irregularities 102.49x15.39x97.23x199.18x85.74x300.39ft
Retail Area 90 percent
Office/Apt Area 10 percent
Total Area 3,000 ft2
Approximate Age 31-50
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Parking Spaces 30
# Trailer Parking Spots 1
Days Open 7
Hours Open 12
LLBO Y
Employees 8
Heat Type Gas Forced Air Closd
Financial Statement Y
Gross Income/Sales $980,360
Year Expenses $2,023
Expenses Actual/Estimated Est
Outside Storage Y
Soil Test N
Seats 68
Sprinklers Y
Sewers Sanitary
Utilities A
Water Supply Types Comm Well
Water Municipal
Clear Height 10 feet
Crane N
Rail A
Survey N
Lot/Bldg/Unit Code Lot
Zoning C
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)