$375,000
Available - For Sale
Listing ID: W9418437
228 Main St East , Milton, L9T 1N8, Ontario
| 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%. |
| Extras: All Business Information is as provided by Seller. Listing Agent has not Verified Accuracy. Buyers are welcome to perform Due Diligence. |
| Price | $375,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy by: | Tenant |
| Address: | 228 Main St East , Milton, L9T 1N8, Ontario |
| Postal Code: | L9T 1N8 |
| Province/State: | Ontario |
| Directions/Cross Streets: | MAIN STREET & MARTIN STREET |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | N |
| Retail Area: | 2500 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Business/Building Name: | WingsUp! |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | Y |
| Hours Open: | 11 to11 |
| Employees #: | 3 |
| Seats: | 10 |
| LLBO: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 PEOPLE`S CHOICE REALTY INC. |
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NASSER NADA
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416-859-5645
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Halton |
| Municipality: | Milton |
| Neighbourhood: | Old Milton |
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