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$289,000
Available - For Sale
Listing ID: X11928849
This is a great opportunity for anyone interested in owning a well-established with strong reputation Indian-Pakistani restaurant in a high-traffic location. This Non-franchise restaurant offering both dine-in and take-out services. The current owner is retiring and is motivated to sell, and theres an option for the new owner to receive training on the operation. Equipment & Facilities Includes a 6-burner stove, BBQ Grill, Naam Making Oven, tandoor, 2 stoves, walk-in cooler, double-door freezer, dough-making machine, two frezzer, water heater, and security system with cameras. 20+ seats, perfect for accommodating dine-in customers. Currently operating with short hours but increasing hours could generate additional revenue. Catering and tiffin services are an option, with potential clients including students, taxi drivers and truck drivers (nearby truck stop). The equipment, furniture, and leasehold improvements are all included in the sale. Rent is $3500 per month, which includes TMI (taxes, maintenance, insurance). A long-term lease with optional years is available. Ample surface parking for customers.
Price $289,000
Taxes: $0
Tax Type: Annual
Occupancy by: Owner
Address: 1086 Commissioners Rd East , Unit 5, London, N5Z 4W8, Ontario
Apt/Unit: 5
Postal Code: N5Z 4W8
Province/State: Ontario
Directions/Cross Streets: Near Commissioners Road E and Pond Mills Road (In TD bank plaza)
Zoning: Commercial
Category: Without Property
Use: Restaurant
Retail Area: 1000
Retail Area Code: Sq Ft
Business/Building Name: The Palace Kitchen
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 10.00
Employees #: 5
Seats: 22
LLBO: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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KING REALTY INC.

1086 Commissioners Rd East , Unit 5, London, N5Z 4W8, Ontario


 
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Type: Com - Sale Of Business
Area: Middlesex
Municipality: London
Neighbourhood: South J
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