Personal Pic

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

$189,000
Available - For Sale
Listing ID: X12021704
402 Concession St , Hamilton, L9A 4H7, Ontario


This is a great opportunity to own a fully equipped pizza store located in a fully residential neighborhood with steady repeat customers. You can start earning right away, and there's potential for increased revenue by extending business hours or adding shawarma, as the necessary equipment is already in place. The store also has a school pizza program running, which contributes to sales. With excellent sales volume, low rent, and a long lease, there's significant potential for business growth. Rent: $3390/m incl TMI & HST, Lease Term: Existing until June 2029 + 5 + 5 years option to renew, Store Area: 1200 sqft. Current Owner Will Train New Owner. Please do not go directly or talk to Staff
Price $189,000
Taxes: $0.00
Tax Type: N/A
Occupancy by: Tenant
Address: 402 Concession St , Hamilton, L9A 4H7, Ontario
Postal Code: L9A 4H7
Province/State: Ontario
Directions/Cross Streets: Concession St .X E 16th St.
Category: Without Property
Use: Restaurant
Building Percentage: N
Retail Area: 1200
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Business/Building Name: Prime Pizza-Hamilton
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11 to 9
Employees #: 3
Seats: 0
LLBO: N
Washrooms: 1
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $76,450 $152,900 $229,350 $305,800
First Mortgage $1,452,550 $1,376,100 $1,299,650 $1,223,200
CMHC/GE $58,102 $42,659.1 $36,390.2 $0
Total Financing $1,510,652 $1,418,759.1 $1,336,040.2 $1,223,200
Monthly P&I $7,454.79 $7,001.32 $6,593.12 $6,036.27
Expenses $0 $0 $0 $0
Total Payment $7,454.79 $7,001.32 $6,593.12 $6,036.27
Income Required $279,554.79 $262,549.49 $247,241.88 $226,360.16

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

$
%
Years
$3,772.67
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.
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Personal Picture
Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Inch Park
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years