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Lifestyle and Business Opportunity
$295,000.00 CDN It’s about lifestyle – a way of life, owning a successful business while living in Northern Ontario’s natural wilderness. The owners have enjoyed a lifetime of success operating this Pizzeria restaurant business and building, and are now looking to retire and pass this opportunity onto a new family.
Just imagine being a few minutes walk to your own business. And at the same time, living a recreation lifestyle, having access to countless lakes, rivers and streams, fishing, hunting, canoeing, hiking and taking all that the region has to offer in an active recreational lifestyle on the North Shore of Lake Superior.
This well established Pizzeria and Family Restaurant in Terrace Bay is just off the Trans Canada Highway and is the only Pizzeria in Terrace Bay. This business is also one of only four locations within an hour drive that has pizza as a menu item. It is the only outlet Broasters Chicken location in the area, and is licensed under the LCBO for wine, beer and spirits.
The dining area has seating capacity of 53 and is wheel chair accessible.
With 1800 square feet, the location, at the east end of Simcoe Plaza, is at a slightly higher elevation, which provides a clear view of Lake Superior so that your guests can enjoy their dining experience while gazing at the majesty of the Great Lake.
The business is well established for over 10 years and comes complete with all the equipment and assets to make this turnkey opportunity a good investment as a family run business with growth potential.
The Pizzeria is located on the main Downtown Plaza and is the most recent addition to the plaza - built in the early 1980’s.
With parking along Simcoe Plaza in front and additional parking in the rear, this central location is within walking distance to much of the areas residential homes.
Only 2 hours East of Thunder Bay and 5 hours from Sault Ste. Marie, on Highway 17, the local residents support the business with peak times during the tourist season.
This is a turnkey opportunity and the Seller may assist in financing and will be sure to stay for a couple weeks to train you in operating the business and to introduce you to the community.
The owner is willing to sell the business separately on a lease basis, terms to be negotiated.
Terrace Bay itself is a prosperous, forward thinking and friendly community. With the mill reopened under new ownership, a new school and daycare centre, additions to their hospital and the extension of services into its new commercial lot development, Terrace Bay will be sure to see some more positive economic development and population growth.
As families relocate to a more peaceful and natural lifestyle in a safe community, or locate their summer homes here, the four seasons will offer an active recreational lifestyle all year long in this progressive community.
For more information on Terrace Bay, check out their website at www.terracebay.ca
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APEX Realty Services Ltd., Brokerage
391 OLIVER ROAD, Thunder Bay, Ontario Canada
© 2002 - 2010 APEX Realty Services Ltd., Brokerage All rights reserved.
"Information on properties has been gained from our various resources including MPAC, Geowarehouse,
Province of Ontario Mapping on-line, various specialized real estate mapping sources, Google Earth and other mapping software.
We also have in-house software mapping information. This includes fish species, lake sizes, hunting information, access and
local amenities. While we strive to relate factual information and illustrate property boundaries to our prospective
buyers, this information is provided to the best of our knowledge and ability and may be subject to verification or
legal survey. Our Web Site descriptions are solely provided or information purposes only"
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