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$79,000
Available - For Sale
Listing ID: X12837708
A rare opportunity to acquire a long-standing, well-known restaurant in the heart of downtown Hamilton. Das Schnitzelhaus (formerly Black Forest Inn) has been a fixture in the community for decades and now operates under new ownership, offering a solid foundation with room for growth. The restaurant spans approximately 4,866 square feet and is located within a heritage-designated building, providing character, charm, and an authentic atmosphere that is difficult to replicate. Current monthly sales average $100,000, with upside potential through expanded hours, programming, or concept refinement. Licensed for 130 indoor seats plus an additional 93 seats on a highly visible corner patio, this space is well-positioned to capitalize on downtown foot traffic, events, and seasonal patio demand. The existing concept is well-established and recognized, and continuing the operation as-is would be ideal. That said, the layout and ambiance also lend themselves to alternative concepts-such as a traditional Irish pub for operators looking to put their own stamp on a historic space. The current owner is committed to a smooth transition and will remain on-site to train and assist for 4-6 weeks, ensuring continuity of operations and knowledge transfer. An excellent opportunity for an experienced operator or hands-on owner seeking a character-rich location with history, liquor licensing, and long-term potential in a growing downtown core. New lease to be negotiated with Landlord. Current Gross Rent = $8000 Inclusive of TMI & HST. Please do not go direct or speak to staff. Your discretion is appreciated.
Price $79,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 255 King Street East , Hamilton, L8N 1B9, Hamilton
Postal Code: L8N 1B9
Province/State: Hamilton
Directions/Cross Streets: King St E & Wellington Ave N
No. of Pieces Level
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Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Category: Without Property
Use: Restaurant
Total Area: 4,866
Total Area Code:  Square Feet
Retail Area Code: %
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 2-9pm
Employees #: 18
Seats: 223
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

255 King Street East , Hamilton, L8N 1B9, Hamilton

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Maria Tompson
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Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Beasley
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Maintenance Fee: $0
Beds: 0
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Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
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Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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