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$375,000
Status: For Sale
Fully Equipped And Well-Maintained Restaurant Located In The Prime Area Of Milton, One Of The Most Iconic Neighborhoods In Milton. This Location Boasts Incredibly High Foot Traffic. Nearby Schools and lots of Offices and Municipality. The restaurant boasts a modern, elegant interior creating a warm and inviting atmosphere for dine-in customers. With a steady stream of regular customers, strong takeout and delivery demand, and excellent visibility from the street, this restaurant is ideally positioned for continued success. Monthly Sales: Approx. $52,000. Food Cost: Approx. 32-35%, Labour Cost: Approx. 22-25%, Rent: $7415/m including TMI & HST, Lease: 5 + 5 years plus option to renew, Utility: Approx. $800-1000/m, Royalty and Advertising: 7.5%.
| Property Type | :Commercial |
|---|---|
| MLS Number | :W9418437 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :20 Oct, 2024 (32 Days ago) |
| Source | :TRREB |
| Area | :Halton |
|---|---|
| Community | : Old Milton |
| Postal Code | :
L9T 1N8
|
| Price | : $375,000 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :MAIN STREET & MARTIN STREET |
|---|
| Fireplace/Stove | :No |
|---|
20 Oct, 2024
TREB #W9418437
Available
$375000.0
