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%.
MLS# | W9418437 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 116 |
Listing Provided By | CENTURY 21 PEOPLE`S CHOICE REALTY INC. | Not Provided |
State | ON |
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County | Halton |
City | Milton |
Zip Code | L9T 1N8 |
Area | Old Milton |
Listing VS Median (in L9T 1N8) | |
Price: $375,000 low | high Med: $0 On Site: 116 low | high Med: |