• Mobile: 416-882-5419
  • Office: 905-731-2000
  • Fax: 905-886-7556

$199,000
Available - For Sale
Listing ID: E9248418
100 Mearns Ave , Unit #12, Clarington, L1C 5M3, Ontario


" Seize the opportunity to own a thriving turnkey Indian restaurant in the heart of Durham's bustling commercial area. With approximately 2,000 square feet of well-designed space, this restaurant seats up to 30 guests and benefits from a high footfall, ensuring steady business. Recently renovated with nearly new appliances, the space is ready for immediate operation. The restaurant holds a valuable Lobo license, enhancing its appeal and revenue potential. With impressive gross monthly income between $55,000 and $60,000 and a net profit of $8,000 to $10,000, this business is already proving its success. The lease terms are flexible, with a competitive rent of just $4,380 per month Including TMI , making this an outstanding investment opportunity for anyone looking to enter or expand in the lucrative restaurant market. Plaza Feature successful & well- known tenants + aaa franchises like circle -k and dominoes , frosty John's , great Wok , Bowmanville compounding Pharmacy , animal hospital of Bowmanvil
Price $199,000
Taxes: $10317.17
Tax Type: T.M.I.
Occupancy by: Owner
Address: 100 Mearns Ave , Unit #12, Clarington, L1C 5M3, Ontario
Apt/Unit: #12
Postal Code: L1C 5M3
Province/State: Ontario
Legal Description: PT N1/2 LT 9 CON 3 EYS TWP OF YORK; PT S
Lot Size: 25.00 x 80.00 (Feet)
Directions/Cross Streets: Mearns Ave./Concession Rd. E.
Category: Without Property
Use: Restaurant
Building Percentage: Y
Total Area: 1906.00
Total Area Code:  Sq Ft
Retail Area: 1906
Retail Area Code: Sq Ft
Approximatly Age: 0-5
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: V
Hours Open: 10am-11
Employees #: 4
Seats: 30
LLBO: Y
Sprinklers: N
Rail: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Septic
Water: Municipal
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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.

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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.
SAVE MAX REAL ESTATE INC.
Personal Picture
Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Sale Of Business
Area: Durham
Municipality: Clarington
Neighbourhood: Bowmanville
Style:
Lot Size: 25.00 x 80.00(Feet)
Approximate Age: 0-5
Tax: $10,317.17
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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