228 MAIN STREET E new

Milton (old Milton),ON L9T1N8

$ 375000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Old Milton

MLS Listing ID W9418437

Originating Board Toronto Regional Real Estate Board

Property Description

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:24570)

Location

Province ON

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

View More
Favorite Go Tour