$298,000
Available - For Sale
Listing ID: X12483949
8279 Lundys Lane , Niagara Falls, L2H 1H5, Niagara
| Profitable Vietnamese-Chinese restaurant for sale in a high-traffic Niagara Falls plaza. Approx. 2,368 sq.ft., licensed for 70 seats (LLBO). Fully equipped commercial kitchen incl. 24-ft exhaust hood, walk-in cooler & freezer, 2017 build-out w/ equip. valued at approx. $480,000. Avg. verified monthly sales of approx. $45,000 w/ strong profit margins. Rent only $5,719/mo (incl. TMI & HST). Lease has 2 yrs remaining + 5-yr renewal option. Open 7 days/week (Sun-Thurs 11am-9pm, Fri-Sat 11am-10pm). Owners retiring after 8 yrs of operation. Space adaptable to any cuisine. Asset sale only. Turnkey opportunity for experienced operator or investor. |
| Price | $298,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 8279 Lundys Lane , Niagara Falls, L2H 1H5, Niagara |
| Postal Code: | L2H 1H5 |
| Province/State: | Niagara |
| Legal Description: | PT TWP LT 134 STAMFORD BEING PART 1, 59R |
| Directions/Cross Streets: | Lundy's Ln & Kalar Rd |
| 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: | 2368.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Business/Building Name: | Pho Ying |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | Sun-Thu |
| Employees #: | 2 |
| Seats: | 70 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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Years
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| REAL ONE REALTY INC. |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 213 - Ascot |
| Fireplace: | N |
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