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$245,000
Available - For Sale
Listing ID: X8105084
Money-making Chinese restaurant in Hamilton. Located in the red-hot University Plaza, east of the McMaster University campus and surrounded by established neighbourhoods. Close to major traffic arteries and Hwy 403, the shopping centre where it is located has heavy foot traffic. The restaurant has been around for almost 20 years and does dine-in, take-out and delivery. Approx. 1,600 sq ft and 30 seats. Professional commercial kitchen 18 ft. extractor fan, 2 walk-in cooler, 3 bathroom, and much more. Lots of parking in the shopping centre. Restaurant is open 7 days a week, 11:00am to 9:30pm. rent $6,901 (includes TMI and HST). Monthly sales are around $72,000 and net profit is around $16,050 after deducting all expenses and seller's own salary. This restaurant is the only Chinese restaurant in the shopping centre and has a stable business, so you can make money when you buy the shop.
Extras:   All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Price $245,000
Taxes: $0
Tax Type: Annual
Occupancy by: Tenant
Address: 101 Osler Dr , Unit 106, Hamilton, L9H 4H4, Ontario
Apt/Unit: 106
Postal Code: L9H 4H4
Province/State: Ontario
Legal Description: PT LT 53-54 CON 1 ANCASTER PT 1 TO 8 62R
Lot Size: 16 x 100 (Feet)
Directions/Cross Streets: Osler Dr & Grant Blvd
Zoning: Commercial
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1,600
Total Area Code:  Sq Ft
Retail Area: 1000
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Business/Building Name: Empress Wok
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11 - 9:
Employees #: 7
Seats: 30
LLBO: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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REAL ONE REALTY INC.

101 Osler Dr , Unit 106, Hamilton, L9H 4H4, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Dundas
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Lot Size: 16.00 x 100.00(Feet)
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