Great location. Exterior pod location at Milton's major mall in one of Ontario's fastest-growing communities on the western edge of the Greater Toronto Area. Highly visible and Milton's highest traffic location at the intersection of Main and Ontario Streets. The Milton Mall location is the focus of Milton's central business district. This store opened in May 2021 & enjoyed net sales of $740,000+ in 2022 and continues to grow. Short hours Sunday to Thursday 11 am - 10 pm. Friday and Saturday until 11 pm. Labour is only 120 - 125 hours/week. Reasonable rent of less than $3,500/month net with 7 years + 2 x 5-year options remaining. A very popular and in-demand menu. High sales, reasonable rent, low food costs and low labour costs lead to high profitability. Customers love the food. 2 large new condominium buildings are under construction adjacent to the property. If visiting without an appointment, please go as a customer and don't speak to staff. Thank you.
Extras
Gross rent of $4,582.30/month includes TMI and also the pylon sign rental of $100/month. Staffed with 1 owner and 4 employees. The Buyer needs to be approved and will be trained and supported by the franchise company (Toronto based).
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
Air Conditioning
Y
Basement
N
Chattels
Y
Garage Type
Outside/Surface
Days Open
7
Hours Open
Varies
LLBO
N
Employees
4
Heat Type
Gas Forced Air Closd
Financial Statement
Y
Seats
10
Water
Municipal
Lot/Bldg/Unit Code
Unit
Zoning
Commercial
Seller Property Info Statement
N
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