Profitable Indian franchise restaurant in a prime location on the border of Mississauga and Toronto!Centrally Located, Close to Sherway Gardens, QEW, Gardiner and Highway 427 with Lots Of Parking. 5 Year Lease Signed In Jan 2023 With +5 Option. Net profit around 10k+ with business operating only 6 days a week but no limitations on 7 days operations. 4.6 star rating on google based on 600+ reviews. Heavy marketing with promotions by various social media influencers.No Franchise Fee, no royalty fees, no monthly splits to the franchise brand. Restaurant is fully renovated with new flooring. Equipments and renovations cost around 200k (if bought and installed new).Great opportunity as there is a potential to add an additional express restaurant/cafe/ice cream parlour/bakery etc. in the same already profitable business or just sublet part of your space for some extra income.Heavy footfall because of the prime location. Low rent of 4200 + HST
MLS# | W11930979 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 26 |
Listing Provided By | RE/MAX MILLENNIUM REAL ESTATE | Not Provided |
Bath(s) | 2 |
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SQ Feet | 1,750 |
State | ON |
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County | Peel |
City | Mississauga |
Zip Code | L4X 1M3 |
Area | Dixie |
Listing VS Median (in L4X 1M3) | |
Price: $449,000 low | high Med: $449,000 SqFt: 1,750 low | high Med: 1,750 $ / SqFt: $257 low | high Med: $257 On Site: 26 low | high Med: 26.000000 |