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$415,000
Available - For Sale
Listing ID: X8311336
Prime Location South Asian Restaurant in Kitchener west at very busy high Traffic Plaza have Some big Franchises like Tim Hortons, Pizza Hut, Indian Grocery Store, and others. Turn key operation for family who like to be their own boss !!! This is just sale of Business on Leased premises with 5 year Lease & option to renew additional 5 years minimal rent approx. $ 5422/month including TMI Good potential to grow more business. Seller is retiring and willing to train to Potential buyers. Seller can Sell with or without Franchise name
Mortgage:   Treat as Clear
Extras:   All Restaurant Chattels & Fixtures included ( Sch A available upon request
Price $415,000
Minimum Rental Term: 12
Maximum Rental Term: 60
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Owner
Address: 685 Fischer Hallman Rd East , Unit L, Kitchener, N2K 4C9, Ontario
Apt/Unit: L
Postal Code: N2K 4C9
Province/State: Ontario
Directions/Cross Streets: Ottawa St/Fischer Hallman
Zoning: COMM
Category: Without Property
Use: Restaurant
Building Percentage: Y
Total Area: 1,094
Total Area Code:  Sq Ft
Industrial Area: 450
Office/Appartment Area Code: Sq Ft
Retail Area: 544
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Business/Building Name: Tandoori Xpress
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 10Am To
Employees #: 2
Seats: 0
LLBO: N
Insurance Expense: $450
 Heat Expenses: $1000
 Hydro Expense:  $400
Other Expenses: $14166
Gross Income/Sales: $450000
Operating Expenses: $5422
Common Area Upcharge: 0
Expenses Actual/Estimated: $Est
Sprinklers: Y
Outside Storage: N
Rail: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Water: Municipal
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.

685 Fischer Hallman Rd East , Unit L, Kitchener, N2K 4C9, Ontario

Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905.272.5000
Fax:
905.272-5088

 
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Type: Com - Sale Of Business
Area: Waterloo
Municipality: Kitchener
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Lot Size: 0.00 x 0.00(Feet)
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Tax: $0
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
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Paul Sanghera
Sales Representative

Cell: 416-877-3047
Office: 905-272-5000
Fax: 905-272-5088


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Remax Real Estate Centre Inc., Brokerage
Independently owned and operated.
100 City Centre Dr. 1-702 Square One Shopping Centre Mississauga, ON L5B 2C9, Canada


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