Size
524 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqm
$5,097
Taxes
-
Parking Type
None
Style
-
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Description
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.
Broker: IPRO Realty Ltd.
MLS®#: H4201898
Property details
Parking:
-
Parking type:
None
Property type:
-
Heating type:
Electric F
Style:
-
MLS Size:
49 sqm
Listed on:
Aug 13, 2024
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Instant estimate:
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$9,700
lower than listed pricei
High
$258,025
Mid
$240,077
Low
$201,037