Property Description
Discover a once-in-a-lifetime opportunity to own a truly unique turnkey restaurant, cafe, and event space nestled in the heart of cottage country in Bobcaygeon’s Kawartha Lakes. Presenting El Patio & Kawartha Coffee, available to new owners for the first time in 19 years, this remarkable establishment offers an unparalleled blend of charm, versatility, and potential.
With a liquor license capacity of 30 inside and an impressive 110 on the street-front patio, this venue caters to both indoor and outdoor dining experiences, perfect for enjoying the scenic beauty of the area. Additionally, the sale includes a fully equipped food truck, a full basement, and vacant second and third-floor residential apartments, providing opportunities for owner/operator residence or lucrative Airbnb rentals.
This business boasts immense potential for a year-round operation, open seven days a week. Despite the seller’s minimal operation of only 10 weeks and 18 days per year, the impressive net income, including owner salary, ranges from $120,000 to $150,000 annually.
Key Features:
- Prime Location: Situated in Bobcaygeon’s Kawartha Lakes, a beloved destination in cottage country.
- Versatile Space: Restaurant, cafe, patio, and event space offer diverse revenue streams and expansion opportunities.
- Outdoor Oasis: An expansive street-front patio with 110 seats enhances the dining experience and attracts patrons.
- Additional Assets: Fully equipped food truck, full basement, and vacant residential apartments add further value and flexibility.
- Potential for Growth: Opportunity to operate year-round, maximizing revenue potential and customer engagement.
- Attractive Lease Terms: Gross rent of $3,500 per month, including TMI, with four years remaining and a five-year renewal option.
- Liquor License: 30 Seats Inside + 110 Seats on Patio
Contact us today to learn more about this unique opportunity to own and operate a multifaceted hospitality business in vibrant Bobcaygeon.