" Seize the opportunity to own a thriving turnkey Indian restaurant in the heart of Durham's bustling commercial area. With approximately 2,000 square feet of well-designed space, this restaurant seats up to 30 guests and benefits from a high footfall, ensuring steady business. Recently renovated with nearly new appliances, the space is ready for immediate operation. The restaurant holds a valuable Lobo license, enhancing its appeal and revenue potential. With impressive gross monthly income between $55,000 and $60,000 and a net profit of $8,000 to $10,000, this business is already proving its success. The lease terms are flexible, with a competitive rent of just $4,380 per month Including TMI , making this an outstanding investment opportunity for anyone looking to enter or expand in the lucrative restaurant market. Plaza Feature successful & well- known tenants + aaa franchises like circle -k and dominoes , frosty John's , great Wok , Bowmanville compounding Pharmacy , animal hospital of Bowmanvil |
Price | $199,000 |
Taxes: | $10317.17 |
Tax Type: | T.M.I. |
Occupancy by: | Owner |
Address: | 100 Mearns Ave , Unit #12, Clarington, L1C 5M3, Ontario |
Apt/Unit: | #12 |
Postal Code: | L1C 5M3 |
Province/State: | Ontario |
Legal Description: | PT N1/2 LT 9 CON 3 EYS TWP OF YORK; PT S |
Lot Size: | 25.00 x 80.00 (Feet) |
Directions/Cross Streets: | Mearns Ave./Concession Rd. E. |
Category: | Without Property |
Use: | Restaurant |
Building Percentage: | Y |
Total Area: | 1906.00 |
Total Area Code: | Sq Ft |
Retail Area: | 1906 |
Retail Area Code: | Sq Ft |
Approximatly Age: | 0-5 |
Financial Statement: | Y |
Chattels: | Y |
Franchise: | N |
Days Open: | V |
Hours Open: | 10am-11 |
Employees #: | 4 |
Seats: | 30 |
LLBO: | Y |
Sprinklers: | N |
Rail: | N |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | Septic |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SAVE MAX REAL ESTATE INC. |
|
Virtual Tour | Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Durham |
Municipality: | Clarington |
Neighbourhood: | Bowmanville |
Lot Size: | 25.00 x 80.00(Feet) |
Approximate Age: | 0-5 |
Tax: | $10,317.17 |