For Sale

72 James Street

Brunswıck Hotel and Sports Grill & Bar
Parry Sound
$2,499,000
26,242 Sq Ft
Hotel and Sports Bar with Property
18 Hotel Rooms and Licensed for 594

EXCELLENT OPPORTUNITY TO OWN A LUXURIOUS SPORTS BAR/RESTAURANT AND AN 18-ROOM HOTEL LOCATED IN DOWNTOWN OF PARRY SOUND. THE PROPERTY IS 26,242 SQ FT AND APPROX. 20 PARKING SPOTS & MORE IN FRONT & BACK OF THE PROPERTY.

THE HALF OF THE PROPERTY IS OCCUPIED BY THE SPORTS BAR/RESTAURANT WITH SEATING CAPACITY OF 300 PLUS ON MAIN FLOOR, 244 SEATS ON 2ND FLOOR AND 50 SEATS AT THE PATIO. PROFESSIONAL KITCHEN WITH 12 FT EXHAUST HOOD AND TONS OF EQUIPMENT, 4 WASHROOMS, 2 WALK-INS. ANOTHER HALF IS HOTEL WITH 18 ROOMS AND A MASTER APARTMENT.

THE OWNER HAS OWNED THIS PROPERTY AND BUSINESS FOR 10 YEARS. THE MANAGEMENT TEAM AND PROFIT ARE VERY STABLE. THE ANNUAL SALES ARE $1.4 MILLION AND THE NET PROFIT IS ABOUT $320K WITH THE OWNER HANDS-OFF. THE OWNER IS PLANNING TO RETIRE AND SELL THIS PROPERTY AND BUSINESS. THIS PROPERTY HAS GREAT POTENTIAL.

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