221 Water Street, Summerside, Prince Edward Island C1N 1B4

Water Street in Summerside across from the Royal Bank in the HUB Complex ARIGATO SUSHI, well established restaurant located in Summerside, PEI. Three successful years in the running and rated as one of the best from all the devoted clientele. Ownership, preparation and plate presentation of meals shows the pride in serving the public whether in house or on the very busy takeout service. The restaurant seats approximately 40 patrons and currently operates Tuesday - Saturday with varying hours. New owners could adjust the business hours to their liking as the business shows a very profitable bottom line. One can only imagine what the future holds for the new owner(s). Not only will you be buying the business, you're buying the name Arigato if so desired. The current owner and Sushi-Chef is willing to train you on how to prepare and run the business. Current lease is 4 years in on a 5 + 5 lease at $2500 a month + tax. The second five year will lease at $3000 + taxes . (id:27476)

Within close proximity to this property, there are various amenities including shopping facilities.

The ownership type of this property is leasehold.

ARIGATO SUSHI is a well-established restaurant situated in Summerside, PEI, with a successful track record of three years and a loyal customer base. The pride in serving the public is evident in the ownership, preparation, and presentation of meals, whether for dine-in or the bustling takeout service. The restaurant has a seating capacity of approximately 40 patrons and currently operates from Tuesday to Saturday, with flexible hours. Prospective new owners have the opportunity to adjust the business hours to their preference, as the business has demonstrated a consistently profitable performance. The potential for the new owner(s) is promising, and the purchase of the business also includes the option to acquire the name Arigato. The current owner, who is also the Sushi-Chef, is prepared to provide training on the preparation and management of the business. The current lease has four years remaining on a 5 + 5 lease, with a monthly rent of $2500 plus tax. The subsequent five-year lease will be at $3000 plus taxes. (id:27476).

This property is currently available for sale.

The land surrounding this property offers amenities such as shopping facilities.

The property is situated at 221 Water Street in the city of Summerside, Prince Edward Island, with the postal code C1N1B4, and is part of the Summerside community.

This property is equipped with a ventilation system for cooling and spans across 2.00 stories.