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$340,000
Est. payment /mo
2 Baths
1,750 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $194
Subdivision Dixie
MLS® Listing ID W12044029
Originating Board Toronto Regional Real Estate Board
Property Description
Profitable Indian franchise restaurant in a prime location on the border of Mississauga and Toronto!Centrally Located, Close to Sherway Gardens, QEW, Gardiner and Highway 427 with Lots Of Parking and heavy footfall. 5 Year Lease Signed In Jan 2023 With +5 Option. Net profit around 10k+ with business operating only 6 days a week (afternoons and night only) but no limitations on 7 days operations and morning hours. 4.6 star rating on google based on 600+ reviews. Heavy marketing with promotions by various social media influencers.No Franchise Fee, no royalty fees, no monthly splits to the franchise brand. Restaurant is fully renovated with new flooring. Equipments and renovations cost around 180k (if bought and installed new).Great opportunity as there is a potential to add an additional express restaurant/cafe/ice cream parlour/bakery etc. in the same already profitable business or sublet some space for added income Low rent of 4200 + HST (inclusive of TMI). (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 20
Private Pool No
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Listed by RE/MAX MILLENNIUM REAL ESTATE