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$245,000
Status: OFF MARKET
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8105084 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :20 Aug, 2024 (720 Days ago) |
| Source | :TRREB |
| Area | :Hamilton |
|---|---|
| Postal Code | :
L9H 4H4
|
| Price | : $245,000 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2023 |
|---|
| Cross Street | :Osler Dr & Grant Blvd |
|---|
| Fireplace/Stove | :No |
|---|
03 May, 2023
TREB #X5913279
Available
$245000.0
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