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$249,000
Available - For Sale
Listing ID: X12059438
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. A long-term lease with optional years is available. Ample surface parking for customers.
Price $249,000
Taxes: $105,365
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner
Address: 1086 Commissioners Road East , London South, N5Z 4W8, Middlesex
Postal Code: N5Z 4W8
Province/State: Middlesex
Directions/Cross Streets: Commissioners road E and Pond Mills Road
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Without Property
Use: Restaurant
Total Area: 0
Retail Area Code: Sq Ft
Business/Building Name: The Palace Kitchen
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: 8
Employees #: 5
Seats: 20
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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KING REALTY INC.

1086 Commissioners Road East , London South, N5Z 4W8, Middlesex


 
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Type: Com - Sale Of Business
Area: Middlesex
Municipality: London South
Neighbourhood: South J
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Tax: $105,365
Maintenance Fee: $0
Beds: 0
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