Fantastic Opportunity for Franchised Mediterranean Restaurant with prime location Location offers great opportunity inside the food court of Lime ridge mall, Hamilton's busiest mall. Stable with easy operation, ideal for first-time buyers. Training : Provided by Head office. Foot Traffic: High due to busting mall environment, ensuring a steady flow of potential customers. Financial Terms: low rent and a long term lease provide stability & favorable terms for potential buyers. Cost: Labour cost Approx.21%, Food cost 34%, Utilities approx. $350(for Gas) Other utilities included in the Rent, Royalty & Adverting 6%+3% Rent - $12812 per month including TMI Lease Term - 4 years + 5 years option to renew. This opportunity offers a lucrative chance for business growth and profitability in a prime location.
Mls | XH4201898 |
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Listing Type | For Sale |
Style | Commercial |
Subtype | Resale |
Status | Active |
Days On Site | 61 |
Listing Provided By | IPRO Realty Ltd. | Kaushal Shah |
Sq Feet | 524 |
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Units | 1 |
Zoning | C4 |
State | ON |
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County | Hamilton |
City | Hamilton |
Zip Code | L9A 4X5 |
Area | 18 Hamilton Mountain |
Subarea | 182 Thorner |
Community Name | 182 Thorner |
Listing VS Median (in 182 Thorner) | |
Price: $249,777 low | high Med: $249,777 SqFt: 524 low | high Med: 524 $ / SqFt: $477 low | high Med: $477 On Site: 61 low | high Med: 61.000000 |