$199,999
Available - For Sale
Listing ID: W13000516
22 Ontario Street South , Milton, L9T 2M6, Halton


Takeout Restaurant & Catering Business for Sale - No Property. Seize this rare opportunity to take over a turnkey take-out, catering restaurant at one of Milton's busiest intersections - Ontario Street South and Main Street East- directly across from Milton Mall, with prominent fascia signage. This 1,110-square-foot sub-leased unit comes with a fully equipped commercial kitchen (including 12 ft hood and 8 ft hood), ready for immediate operation. Affordable rent of just $4900 / month + TMI & HST - the sub-lease includes hydro, gas, water, heating, and air-conditioning for the premises. The Sub-Tenant is responsible only for their proportionate share of TMI. Continue operating the current cuisine or introduce your own concept - whether Middle Eastern, Mediterranean, Mexican, Caribbean, Ethiopian, Somali, West African, Chinese, Thai, Malaysian, Pakistani, Afghani, Bangladeshi, or another specialty (pizza excluded) - and build a household name in Milton and the West GTA. The unit features 6 indoor dining seats now, and the potential for seasonal patio seating (subject to municipal permit and landlord approval), capturing additional revenue through the warmer months. Strong lunch and dinner walk-in traffic from the surrounding city center and Milton Mall make this an ideal location for take-out, dine-in, and third-party delivery platform sales. Buyers should conduct their own due diligence and seek independent legal advice. Offers anytime! Attach with Schedule B. Chattels attached. Showings by appointment only - please be discreet.
Price $199,999
Taxes: $0.00
Tax Type: TMI
Occupancy: Tenant
Address: 22 Ontario Street South , Milton, L9T 2M6, Halton
Postal Code: L9T 2M6
Province/State: Halton
Directions/Cross Streets: Ontario St & Main 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: Fast Food/Takeout
Total Area: 1110.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: Biryani Lounge - Take out and caterin
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 11AM to
Employees #: 0
Seats: 6
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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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.
COLDWELL BANKER THE REAL ESTATE CENTRE
Personal Picture
Irfan Bajwa
Broker, ABR, SRS, CNE
Dir:
416-832-9090
Bus:
905-858-0000
Fax:
905-452-7646
 
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At a Glance:
Type: Com - Sale Of Business
Area: Halton
Municipality: Milton
Neighbourhood: 1035 - OM Old Milton
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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