331 Bayfield Street
Barrie, ON
- Sale Of Business
- 255 days on market
Profitable and well-established restaurant business with over 9 years of successful operation. Located in a high-traffic, prime area just minutes from Highway 400, this fully operational restaurant offers excellent visibility and consistent customer flow. The business generates strong annual sales of approximately $325K (2023-2024) and comes fully equipped with a modern commercial kitchen, quality furnishings, and a POS system. An additional 350 sq. ft. of space provides flexibility and can easily be converted into an office or storage area. There is significant growth potential by extending operating hours and increasing marketing efforts. Currently, over 80% of revenue is generated during lunch hours, leaving a major opportunity to expand evening and dinner sales. The location benefits from heavy tourist and roadway traffic, and nearby restaurants experience strong sales after 9 PM, highlighting the untapped potential. The business is absentee-owned, making it ideal for an owner-operator or investor seeking to increase profitability. The current owner plans to relocate, creating an excellent opportunity to acquire a proven business with strong upside.
Listing Details
- Listed
- December 22, 2025
Price History
Listing history
Sign in to view
Property
- Lot Size
- 178.66 x 30 Feet
Parking
- Garage
- Other
Location & Legal
- Cross Street
- Bayfield and 401
- Zoning
- commercial
- Parcel Number
- 588090003
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Fast Food/Takeout
Community
Postal area L4M
- Population
- 46,902
- Private dwellings
- 19,372
- Median age
- 38
- Average household size
- 2.5
- Median household income
- $87,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Barrie · last 12 months
- Median sold price
- $655,000
- Homes sold
- 1,946
- Median days on market
- 26
- Sale-to-list price
- 97.4%
Based on 1,946 recorded sales of commercial properties in Barrie over the last 12 months.
Listed by
CANADA BUILD PLATINUM REAL ESTATE BROKERAGE INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?