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.
PT LT 53-54 CON 1 ANCASTER PT 1 TO 8 62R11982, S/T & T/W VM81249; S/T CD226247; CITY OF HAMILTON SUBJECT TO AN EASEMENT IN GROSS AS IN WE1631930
Occupancy
Tenant
Possession Date
TBD
Directions/Cross Streets
Osler Dr & Grant Blvd
Neighbourhood
Dundas
Area
Hamilton
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
N
Bathrooms
3
Lot
16 x 100 ft
Retail Area
1,000 ft2
Total Area
1,600 ft2
Air Conditioning
Y
Basement
Y
Chattels
Y
Garage Type
Outside/Surface
Days Open
7
Hours Open
11 - 9:
LLBO
N
Employees
7
Heat Type
Gas Forced Air Open
Financial Statement
N
Area Influences
Major Highway
Seats
30
Water
Municipal
Lot/Bldg/Unit Code
Unit
Zoning
Commercial
Seller Property Info Statement
N
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.