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$599,000
Available - For Sale
Listing ID: E8479740
If you're looking for a high volume national branded restaurant franchise then look no further than Oshawa's Thai Express located in a one of Durham's most sought after plazas which contains all the latest brands including a Costco and No Frills anchor. This Thai Express is an ideal 1226 square foot end cap unit exposure with high visibility and ample parking. Sales are over $1Million with strong NOI on top of owner's salary. Thai Express is an award winning restaurant franchise that continues to expand globally. With comprehensive training and ongoing support from head office, Franchisees are given the tools to optimize the highest return on their stores. This location has been operating for 9 years and has 11 years remaining on the Lease. It is meticulously cleaned and maintained. We are looking for passionate entrepreneurs and business owners who are interested to continue the success of this location. Please do not go direct or speak to staff. Your discretion is appreciated.
Extras:   * Net Rent = $3,575.83 * TMI = $1,664.81* Gross Rent = $5,987.85 inc HST* Lease Expires Oct 2036 * Royalty = 6% * Advertising = 3% * Strong Franchisor Support * Buyer Must Be Qualified and Approved By Head Office * Full Training Provided *
Price $599,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 238 Ritson Rd North , Oshawa, L1G 0B2, Ontario
Postal Code: L1G 0B2
Province/State: Ontario
Directions/Cross Streets: RITSON RD N & ADELAIDE AVE E
Zoning: Commercial
Category: Without Property
Total Area: 1,226
Total Area Code:  Sq Ft
Retail Area: 100
Retail Area Code: %
Financial Statement: Y
Chattels: Y
Franchise: Y
Days Open: 7
Hours Open: 11am-11
Employees #: 10
Seats: 28
LLBO: N
Sprinklers: Y
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

238 Ritson Rd North , Oshawa, L1G 0B2, Ontario


 
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Type: Com - Sale Of Business
Area: Durham
Municipality: Oshawa
Neighbourhood: O'Neill
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