Price: $285,000

1010 King Street, Hamilton, ON L8M 1C8

Turn key Take Out Shawarma Restaurant for Sale Prime Location Near Stadium & SchoolsNon-franchise, fully equipped shawarma restaurant in a high-traffic location! Situated directly across from multiple schools, a community centre, and the 23,000-seat Tim Hortons Field perfect for capturing steady foot traffic during game season (MayOctober). A main LRT stop (coming soon) is just 100 meters away, boosting future customer flow even more.Surrounded by residential homes and local businesses, this spot benefits from regular walk-in clients. The spacious interior consists of 988 SF plus a huge basement with a staff washroom and 6-ft ecology unit, walk-in cooler, and recently updated kitchen equipment. Very low rent makes this an ideal opportunity for new or experienced operators. The menu can be modified with landlord approval, allowing flexibility to expand offerings. Lease is expiring on Nov 30, 2032 and has option of extension for two further periods of 5 years. Current rent is $2928.46/SF which includes TMI & HST. Dont miss out on this high-potential business opportunity! It is a sale of business only. DO NOT GO DIRECTLY. Buyer to confirm all measurement/information.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$285,000

Gross Income

N/A

Annual Taxes

$5,000

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Hamilton, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

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All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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