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$185,000
Available - For Sale
Listing ID: W12353335
128 Speers Road , Oakville, L6K 2E7, Halton


Profitable Chinese restaurant for sale in a mature residential area of Oakville. Approx. 1,100 SF with 26 seats. Features a professional commercial kitchen with a 22-ft hood, walk-in freezer, and ample parking. Open 7 days a week: Tuesday to Friday, 12 p.m. to 9 p.m.; Saturday to Monday, 2 p.m. to 9 p.m. Monthly sales approx. $35,000, with a rent of $5,580/month (incl. TMI & HST). The lease has 2 years remaining with a 5-year option to renew. The current owner of 10 years is selling for family reasons. The business has a stable customer base and is a great opportunity for a family operator. It can also be converted to any type of restaurant. ** All business-related information, including but not limited to business numbers, is provided by the Seller and has not been verified by the Listing Brokerage. Buyers are advised to conduct their own due diligence. **
Price $185,000
Taxes: $1000.00
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
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 1100.00
Total Area Code:  Square Feet
Retail Area Code: %
Business/Building Name: Oaks Gardens Restaurant
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: Varies
Employees #: 2
Seats: 26
Sprinklers: Yes
Washrooms: 2
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REAL ONE REALTY INC.
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At a Glance:
Type: Com - Sale Of Business
Area: Halton
Municipality: Oakville
Neighbourhood: 1013 - OO Old Oakville
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $1,000
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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