15
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$325,000
Est. payment /mo
Price Dropped by $50K
228 Main ST E Milton, ON L9T 1N8
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UPDATED:
02/15/2025 02:21 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Old Milton
MLS Listing ID W9418437
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
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.
Location
State ON
County Halton
Community Old Milton
Area Halton
Interior
Cooling Yes
Exterior
Community Features Public Transit
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.