Neerajan Realtor
Description
Price: $ 210,000.00 MLS®: E12363807 Location : 45 Milner Avenue, Toronto E07, ON M1S 3P6
Well-established fast food business Teriyaki, located in a high-traffic commercial plaza reputable brands like Winners, Starbucks, and other well-known stores. The plaza offers ample parking, attracting a steady customer flow and ensuring strong, consistent sales. Same owner for 15 years, seller is retiring, gross sale yearly $600,000, Royalty fee 9%of sales, Monthly rent is $6,021 (including TMI and water), net income yearly $150,000, The current lease until 2029 plus 5 years option to renew. Simple operations make it ideal for family business operators.
Location Description
Mccowan Ave/Milner Ave
Property Details
- Community: Agincourt South-Malvern West
- Property Type: Tenant/Commercial
- Garages: Plaza
Building Features
Features
- Heating: Gas Forced Air Closed
Listing Contracted With: HOMECOMFORT REALTY INC.
