#d10.1 -55 Ontario St S, Milton, Ontario

$415,000

About #d10.1 -55 Ontario St S

Great location. Exterior pod location at Milton's major mall in one of Ontario's fastest-growing communities on the western edge of the Greater Toronto Area. Highly visible and Milton's highest traffic location at the intersection of Main and Ontario Streets. The Milton Mall location is the focus of Milton's central business district. This store opened in May 2021 and continues to grow. Short hours Sunday to Thursday 11 am - 10 pm. Friday and Saturday until 11 pm. Labour is only 120 - 125 hours/week. Reasonable rent of less than $3,500/month net with 7 years + 2 x 5-year options remaining. A very popular and in-demand menu. High sales, reasonable rent, low food costs and low labour costs lead to high profitability. Customers love the food. 2 large new condominium buildings are under construction adjacent to the property. If visiting without an appointment, please go as a customer and don't speak to staff. Thank you. **** EXTRAS **** Gross rent of $4,505.58/month (2024) includes TMI + the pylon sign rental of $100/month. Staffed with 1 owner and 4 employees. The Buyer needs to be approved and will be trained and supported by the franchise company (Toronto based). (id:6289)

Facts & Features

Listing # W6669342
Price $415,000
Bathrooms 0.00
Type Business

Community Information

Address #d10.1 -55 Ontario St S
Subdivision Old Milton
City Milton
Province Ontario
Postal Code L9T2M3

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Fully air conditioned
Fireplace No
Has Basement No

Listing Details

OfficeFRANMAX INC.

Listing Map

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