$269,000
Available - For Sale
Listing ID: N9229477
109 Young St , New Tecumseth, L9R 1P8, Ontario


Turn key restaurant. SPACIOUS UNIT, OPERATING OVER 11 YEARS, LOCATED IN BEAUTIFUL TOWN OF ALLISTON; this busy plaza; many future developments making it an excellent investment opportunity. This healthy food establishment has catering ideas for schools, businesses, and so on. Growing city. You can also buy out the Pita Pit contract and open any new restaurant. PLEASE SEE VIDEO TOUR.
Extras:   ALL EXISTING CHATTELS AND EQUIPMENT; Rent including TMI only $4,500; lease is up 2028 with +5yr option;Royalty 5% and GAF 2%; avg weekly sales 11k.
Price $269,000
Taxes: $1800.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 109 Young St , New Tecumseth, L9R 1P8, Ontario
Postal Code: L9R 1P8
Province/State: Ontario
Directions/Cross Streets: King St S & Young St
Category: Retail
Building Percentage: N
Total Area: 1165.00
Total Area Code:  Sq Ft
Retail Area: 800
Retail Area Code: Sq Ft
Area Influences: Grnbelt/Conserv   Public Transit
Approximatly Age: 6-15
Business/Building Name: PITA PIT (ALLISTON)
Financial Statement: Y
Chattels: Y
Franchise: Y
Days Open: 7
Hours Open: 11am-9p
Employees #: 5
Seats: 40
Sprinklers: Y
Clear Height Feet: 12
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX WEST REALTY INC.
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416-859-5645
Bus:
905-507-4776
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Simcoe
Municipality: New Tecumseth
Neighbourhood: Alliston
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age: 6-15
Tax: $1,800
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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