Profitable Indian franchise restaurant in a prime location on the border of Mississauga and Toronto!Centrally Located, Close to Sherway Gardens, QEW, Gardiner and Highway 427 with Lots Of Parking and heavy footfall. 5 Year Lease Signed In Jan 2023 With +5 Option. Net profit around 10k+ with business operating only 6 days a week (afternoons and night only) but no limitations on 7 days operations and morning hours. 4.6 star rating on google based on 600+ reviews. Heavy marketing with promotions by various social media influencers.No Franchise Fee, no royalty fees, no monthly splits to the franchise brand. Restaurant is fully renovated with new flooring. Equipments and renovations cost around 180k (if bought and installed new).Great opportunity as there is a potential to add an additional express restaurant/cafe/ice cream parlour/bakery etc. in the same already profitable business or sublet some space for added income Low rent of 4200 + HST (inclusive of TMI).
MLS# | W12044029 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 24 |
Listing Provided By | RE/MAX MILLENNIUM REAL ESTATE | W12044029 311400 |
Bath(s) | 2 |
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SQ Feet | 1,750 |
Acreage | 0.04 |
Province | ON |
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County | Peel |
City | Mississauga |
Postal Code | L4X 1M3 |
Area | Dixie |
Listing VS Median (In L4X 1M3) | |
Price: $340,000 low | high Med: $340,000 SqFt: 1,750 low | high Med: 1,750 $ / SqFt: $194 low | high Med: $194 On site: 24 low | high Med: 24.000000 |