$188,000
Available - For Sale
Listing ID: W13003680
128 Speers Road , Oakville, L6K 2E7, Halton
| Well-established and profitable Chinese restaurant located in a mature, high-density residential area of Oakville. Approx. 1,100 sq. ft. with 26 seats. Fully equipped with a professional commercial kitchen, including a 22-ft exhaust hood and walk-in freezer. Ample on-site parking available. Short running hour; Monthly sales approximately $35,000. Rent is $5,580/month (inclusive of TMI & HST). Lease term includes 2 years remaining plus a 5-year renewal option. Owned and operated by the same owner for 10 years, now selling due to family reasons. Stable and loyal customer base in place. Ideal opportunity for a family operator or entrepreneur. Flexible concept-can be converted to other cuisines or restaurant types. |
| Price | $188,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 128 Speers Road , Oakville, L6K 2E7, Halton |
| Postal Code: | L6K 2E7 |
| Province/State: | Halton |
| Legal Description: | PT LT 16, CON 3 TRAFALGAR, SOUTH OF DUND |
| Directions/Cross Streets: | Speers Rd & Kerr St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 1100.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 12-9 |
| Employees #: | 2 |
| Seats: | 26 |
| Sprinklers: | Yes |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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Years
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| RE/MAX ELITE REAL ESTATE |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Halton |
| Municipality: | Oakville |
| Neighbourhood: | 1013 - OO Old Oakville |
| Baths: | 2 |
| Fireplace: | N |
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