55 Ontario St S
Milton, L9T2M3
For Sale
$249,000
➧
➧
Without Property
CATEGORY1,200 Sq Ft
TOTAL AREAW10406592
MLSIDContact Us
Property Description
A rarely offered Milton restaurant business is available for new ownership. This Freshii franchise has been successfully operating for 3 years in one of Milton's most vibrant locations. With strong anchors and neighbouring tenants in the surrounding areas, this location draws high traffic with ample parking and loads of potential. The Freshii brand is one of Foodtastic's largest franchises with a strong focus on health and wellness, provides thorough training and support, and allows for entrepreneurial growth. This location has plenty of lease term left with 7 years remaining and 2 additional options to renew giving you strong security to maximize your returns. Please do not go direct or speak to staff. Your discretion is appreciated.
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Extras
* Net Rent = $3400.00 * TMI = $1073.00 * Gross Rent = $4473.00 + HST * 7 Years Remaining * 2 x 5 Year Renewal Options * 1200 Sq Ft *
Property Details
Category
Without Property
Usage
Fast Food/Take Out
Zoning
Commercial
Total Area
1,200 Sq Ft
Retail Area
100
Air Conditioning
Yes
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Listing contracted with Royal Lepage Real Estate Services Ltd.
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Excellent Pita Store in Milton. Besides Tim Hortons. AAA location on Busiest Intersection . Regular clientele. High Traffic area as located in middle of all big Companies Amazon, Gordon foods, 3M And so on. Big potential to grow more as new town homes and University coming to Milton as well as new industrial hub is coming soon nearby. Excellent Business with High Sales Volume, Low Rent, and Long Lease. Monthly Sales: Approx. $36000 - 40000, Food Cost: Approx. 32-35%, Lease: Existing 4+ 5+ 5 Years Option to Renew, Utility: Approx. $800-1000/m, Rent : $3955 Including HST and TMI.
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