228 MAIN STREET E Milton (Old Milton)

228 MAIN STREET E, Milton (Old Milton)

$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:23309)
  • Listing ID: W9418437
  • Property Type: Business
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Details

  • Amenities Nearby: Public Transit
  • Transaction: For sale
  • Zoning Description: Commercial

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit

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This property for sale, located at 228 MAIN STREET E in Milton (Old Milton), was last modified on October 20th, 2024. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in Milton (Old Milton).

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