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$650,000
Available - For Sale
Listing ID: X11951057
Turnkey Ramen Restaurant for Sale at Prime Guelph Location! An incredible opportunity to own a well-established and profitable ramen restaurant in one of Guelphs busiest commercial plazas.Strategically positioned in the thriving Clairfields community, this business benefits from strong anchor tenants, including a major grocery store, ensuring consistent high foot traffic and a steady customer base. With over $1 Million Unbelievable sales annually, a solid net operating income, and a loyal following, this is a turnkey opportunity for restaurateurs or investors seeking a stable, income-generating business in a prime location. A secure long-term lease with renewal options ensures business continuity, and comprehensive training and transition support will be provided to the new owner for a smooth handover. Anyone can operate, even without knowing how to Cook! Whether you are an owner-operator or an investor, this thriving M-O-N-E-Y Making restaurant wont last long! Act now and seize this rare opportunity!!
Extras:   Franchise Fee:2% of Gross Sales, $10,000 Fee upon change of ownership /BaseRent:$3,632.08/Common Area Maintenance (CAM) Rent: $1,583.29/Realty Tax Rent: $2,587.26/WaterRecovery: $447.95/HST (13%): $1,072.57 /Total Rent: $9,323.15
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $63,750 $127,500 $191,250 $255,000
First Mortgage $1,211,250 $1,147,500 $1,083,750 $1,020,000
CMHC/GE $33,309.38 $22,950 $18,965.63 $0
Total Financing $1,244,559.38 $1,170,450 $1,102,715.63 $1,020,000
Monthly P&I $5,330.35 $5,012.95 $4,722.85 $4,368.58
Expenses $0 $0 $0 $0
Total Payment $5,330.35 $5,012.95 $4,722.85 $4,368.58
Income Required $199,888.17 $187,985.5 $177,106.71 $163,821.78

This chart 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.
EXP REALTY

15 Clair Rd West , Unit 1, Guelph, N1L 0A6, Ontario


 
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Type: Com - Sale Of Business
Area: Wellington
Municipality: Guelph
Neighbourhood: Clairfields
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