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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

$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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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.
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Personal Picture
Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Com - Sale Of Business
Area: Halton
Municipality: Milton
Neighbourhood: Old Milton
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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