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Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$199,000
Available - For Sale
Listing ID: S9250417
9225 Hwy 93 , Midland, L4R 4K4, Ontario


High performing licensed restaurant in Midland's Firth Corners shopping district that is located next to downtown Midland at Penetanguishene Rd and Yonge St. Tons of parking spaces and great signage that commands the plaza. This is a turnkey fully licensed restaurant that opened during covid and still boasts great sales. It produces income on top of salaries for the ownership. 4,500 sq ft layout that is ideal for many different concepts, cuisines, and franchises. Please do not go direct or speak to staff or ownership.
Extras:   Great lease rate of $7,200 gross rent including TMI, CAM, garbage, and water with 3 + 5 + 5 years remaining. Full production kitchen with a 16 ft long commercial hood and a total of 3 walk-ins. Liquor license for 135 with a great layout.
Price $199,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 9225 Hwy 93 , Midland, L4R 4K4, Ontario
Postal Code: L4R 4K4
Province/State: Ontario
Legal Description: PCL 106-4 SEC 51-TINY-1; PT LT 106 CON 1
Lot Size: 189.93 x 199.95 (Feet)
Directions/Cross Streets: Yonge St & Penetanguishene Rd
Category: With Property
Use: Restaurant
Building Percentage: N
Total Area: 4500.00
Total Area Code:  Sq Ft
Retail Area: 4500
Retail Area Code: Sq Ft
Business/Building Name: Uncle Jimmy's Family Restaurant
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 9-7
Employees #: 0
Seats: 135
LLBO: Y
Sprinklers: Y
Washrooms: 3
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 200
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
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Percent Down:
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.
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Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Com - Sale Of Business
Area: Simcoe
Municipality: Midland
Neighbourhood: Midland
Style:
Lot Size: 189.93 x 199.95(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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