Milton, ON L9T 1N8,228 Main ST E
Milton, ON L9T 1N8,228 Main ST E
Milton, ON L9T 1N8,228 Main ST E
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$375,000
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228 Main ST E Milton, ON L9T 1N8

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UPDATED:

10/20/2024 05:46 PM

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID W9418437

Tax Year 2024

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%.

Location

Province ON

County Halton

Community Old Milton

Area Halton

Region Old Milton

City Region Old Milton

Interior

Cooling Yes

Exterior

Community Features Public Transit


Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.

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Nisha K Pawa

+1(416) 894-7948

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228 Main ST E