Well-established fast food business Teriyaki, located in a high-traffic commercial plaza reputable brands like Winners, Starbucks, and other well-known stores. The plaza offers ample parking, attracting a steady customer flow and ensuring strong, consistent sales. Same owner for 15 years, seller is retiring, gross sale yearly $600,000, Royalty fee 9%of sales, Monthly rent is $6,021 (including TMI and water), net income yearly $150,000, The current lease until 2029 plus 5 years option to renew. Simple operations make it ideal for family business operators. (id:56069)
| Business Type | Restaurant |
| Business Sub Type | Fast foods |
| Name | Teriyaki |
| MLS® Number | E12363807 |
| Property Type | Business |
| Neigbourhood | Scarborough |
| Community Name | Agincourt South-Malvern West |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,300 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Zoning Description | Commercial |
Contact us for more information
Ying Shi
Broker
(416) 278-0848
(416) 900-0533
homecomfortrealty.ca/