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$ 285,000
Est. payment | /mo
2 Baths
1,750 SqFt
$ 285,000
Est. payment | /mo
2 Baths
1,750 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $162
Subdivision Dixie
MLS Listing ID W12297967
Building Age 31-50
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Can be sold with or without the brand. 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).
Location
Province ON
County Peel
Community Dixie
Area Peel
Interior
Cooling Yes
Exterior
Community Features Major Highway
Utilities Available Available
Lot Frontage 180.0
Lot Depth 190.0
Others
Security Features Yes
Listed by RE/MAX MILLENNIUM REAL ESTATE
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