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228 MAIN STREET E

Business For Sale in Milton (old Milton), Ontario

$375,000
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. (id:4069)
Address 228 MAIN STREET E
List Price $375,000
Property Type Business
Area Ontario
Sub-Area Milton (old Milton)
MLS® Number W9418437
Listing Brokerage CENTURY 21 PEOPLE'S CHOICE REALTY INC.
Postal Code L9T1N8
Zoning Commercial
Site Influences Public Transit

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Jeffrey Braun

Corcoran Horizon Realty

117 Port Severn Road Port Severn ON L0K 1S0

Mobile: 705-875-3443

Office: 647-873-3999

jeffrey@corcoranhorizon.com