Fantastic opportunity for Franchised Mexican Restaurant of 1136 Sqft with its prime location at the intersection of Barton St E and Nash Road in Hamilton. Close proximity to major highways. Government offices, and church. attracting diverse customer demographics. Located in a bustling area with significant foot traffic. ensuring a steady flow of potential customers. Low rent and long term lease provide stability and ample opportunity for further business growth and profitability offers financial favorable terms for potential buyers 200+ Google review with average 4.7 star reviews. Labour cost Approx 23% Food Cost 26% Utility appr $575-650 Royalty and Advertising $260 weekly + HST Rent $3058 per month including TMI + HST Lease 31=5 years with option to renew. |
Price | $224,777 |
Minimum Rental Term: | 36 |
Taxes: | $3057.73 |
Tax Type: | Annual |
Occupancy by: | Owner |
Address: | 2255 Barton St East , Unit 10, Hamilton, L8H 7T4, Ontario |
Apt/Unit: | 10 |
Postal Code: | L8H 7T4 |
Province/State: | Ontario |
Legal Description: | Business for Sale & Premises on LEase |
Directions/Cross Streets: | Barton St & Nash Road |
Category: | Without Property |
Use: | Restaurant |
Building Percentage: | N |
Total Area: | 1136.00 |
Total Area Code: | Sq Ft |
Retail Area: | 1165 |
Retail Area Code: | Sq Ft |
Area Influences: | Major Highway Public Transit |
Approximatly Age: | 0-5 |
Financial Statement: | Y |
Chattels: | Y |
Franchise: | Y |
Days Open: | 7 |
Hours Open: | 11-9.30 |
Employees #: | 2 |
Seats: | 14 |
LLBO: | N |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Y |
Sewers: | San+Storm |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
IPRO REALTY LTD. |
|
Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Stoney Creek |
Approximate Age: | 0-5 |
Tax: | $3,057.73 |