Fantastic Opportunity for Franchised Mediterranean Restaurant with prime location Location offers great opportunity inside the food court of Lime ridge mall, Hamilton's busiest mall. Stable with easy operation, ideal for first-time buyers. Training : Provided by Head office. Foot Traffic: High due to busting mall environment, ensuring a steady flow of potential customers. Financial Terms: low rent and a long term lease provide stability & favorable terms for potential buyers. Cost: Labour cost Approx.21%, Food cost 34%, Utilities approx. $350(for Gas) Other utilities included in the Rent, Royalty & Adverting 6%+3% Rent - $12812 per month including TMI Lease Term - 4 years + 5 years option to renew. This opportunity offers a lucrative chance for business growth and profitability in a prime location. (id:47423)
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Detailed Information
Features
No Driveway
Listing Contract Date
2024-08-13
Location Description
Facing West UPPER WENTWORTH AND MOHAWK ROAD E
Property Type
Retail
Transaction Type
For sale
Zoning Description
C4
Business
Business Type
Hospitality
Name
VILLA MADINA MEDITERRIAN CUISINE
Building
Basement Type
None
Heating Type
Forced air
Size (Exterior)
524
Type
Retail
Utility Water
Municipal water
Land
Total Size
Unknown
Sewer
No sewage system
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