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Tony Tompson

 Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$319,000
Available - For Sale
Listing ID: X11897030
1119 Fennell Aven East , Hamilton, L8T 1S2, Hamilton


Welcome to an incredible opportunity to own a thriving restaurant located in a bustling plaza on the Hamilton Mountain. This prime location is surrounded by densely populated residential and retail areas, ensuring a steady flow of customers. The restaurant benefits from fantastic exposure, with major anchor tenants like TD Bank and Rexall Pharmacy drawing in crowds daily. This well-established family business, serving full-service dine-in breakfast and weekend buffets since 2005, offers immense potential for growth. Priced to sell, this turnkey operation is perfect for an owner-operator, with no prior experience required. The current owner will provide comprehensive training upon a firm deal, ensuring a smooth transition and continued success. Don't miss out on this rare chance to take over a beloved community staple with a proven track record and the potential to exponentially increase sales. Seize the opportunity to make this thriving restaurant your own and capitalize on its fantastic location and loyal customer base. Please do not go direct or speak to employees.
Price $319,000
Taxes: $0.00
Tax Type: N/A
Occupancy: Owner
Address: 1119 Fennell Aven East , Hamilton, L8T 1S2, Hamilton
Postal Code: L8T 1S2
Province/State: Hamilton
Directions/Cross Streets: Upper Ottawa
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 2587.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Business/Building Name: Golden Griddle
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 7-3, 7-
Employees #: 12
Seats: 88
Sprinklers: Yes
Washrooms: 3
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
Sewers: Sanitary
Schools

5 public & 4 Catholic schools serve this home. Of these, 8 have catchments. There are 2 private schools nearby.

Parks & Rec

4 tennis courts, 3 basketball courts and 13 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 1 min walk away. Rail transit stop less than 5 km away.

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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $84,500 $169,000 $253,500 $338,000
First Mortgage $1,605,500 $1,521,000 $1,436,500 $1,352,000
CMHC/GE $64,220 $47,151 $40,222 $0
Total Financing $1,669,720 $1,568,151 $1,476,722 $1,352,000
Monthly P&I $8,239.77 $7,738.54 $7,287.36 $6,671.88
Expenses $0 $0 $0 $0
Total Payment $8,239.77 $7,738.54 $7,287.36 $6,671.88
Income Required $308,991.24 $290,195.31 $273,275.85 $250,195.33

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$4,169.92
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS COMPLETE REALTY
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Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Sherwood
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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