331 Bayfield Street
Barrie, ON
Sale Of Business • 165 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
- Taxes (2025)
- $129,999
- Listed
- March 16, 2026
Price History
Listing history
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Property
- Lot Size
- 178.66 x 30 Feet
Location & Legal
- Cross Street
- Bayfield and 401
- Zoning
- commercial
- Parcel Number
- 588090003
- Possession
- Flexible
Commercial
- Business Type
- Fast Food/Takeout
- Occupancy
- Tenant
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
- 1,942
- Median days on market
- 26
- Sale-to-list price
- 97.3%
Based on 1,942 recorded sales of commercial properties in Barrie over the last 12 months.
Listed by
Platinum Gate Realty
Location
Commercial figures
- Annual property tax
- $129,999
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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