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Home NB Greater Fredericton York County Fredericton Downtown
366 Queen Street
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366 Queen Street $299,000
$299,000
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366 Queen Street
Fredericton, New Brunswick E3B1B2

MLS® Number: NB130583

Listing Description

Kyoto Hana- one of the most popular Asian restaurants in Downtown Fredericton, is looking for investors who are seeking ambitious return on their investment as the owners are set to retire. This is a highly bankable opportunity due to the extremely strong financials. The kitchen features commercial grade range hoods and exhaust fans for sufficient ventilation. The full line of cooking equipment includes 2 fryers, a griddle, a dishwasher, a 2-compartment sink, a walk-in cooler and freezers, etc. Combined with ample storage and prep space in the basement, this kitchen is perfect for any number of menus or events all at the same time. The 40-seat dining room features artful Asian interior that reminisce old charms of the Orient but is also ready for a change in style based on the new cuisine. The patio in the back is a perfect setting for the growing summer crowd in downtown Fredericton such as tourists, Harvest music lovers, or weekend leisure seekers. Outside its regular walk-in clientele, the business boasts a variety of additional revenue streams including 3rd party deliveries and catering. The location had seen 2 very successful restaurants- Chez Riz and J's Asian Kitchen over the span of last 20+ years. Downtown Fredericton has changed over this time but what has not changed is the demand for high qualify, luxurious dining experience. Call today for more information as this opportunity will not last long on the market. (29275569)

Location Description

Turn left on Regent Street to Queen Street before the bridge and the restaurant is on the left.

Property Summary

Property Type
Other
Title
Leasehold
Land Size
0
Annual Property Taxes
$0
Time on REALTOR.ca
18 days

Building

Building Features
Rental Equipment
None
Structures
Shed
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Data provided by: New Brunswick REALTORS®
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Adam (Yongqing) Luo