Price: $289,000

#5 - 1086 Commissioners Road, London, ON N5Z 4W8

This is a great opportunity for anyone interested in owning a well-established with strong reputation Indian-Pakistani restaurant in a high-traffic location. This Non-franchise restaurant offering both dine-in and take-out services. The current owner is retiring and is motivated to sell, and theres an option for the new owner to receive training on the operation. Equipment & Facilities Includes a 6-burner stove, BBQ Grill, Naam Making Oven, tandoor, 2 stoves, walk-in cooler, double-door freezer, dough-making machine, two frezzer, water heater, and security system with cameras. 20+ seats, perfect for accommodating dine-in customers. Currently operating with short hours but increasing hours could generate additional revenue. Catering and tiffin services are an option, with potential clients including students, taxi drivers and truck drivers (nearby truck stop). The equipment, furniture, and leasehold improvements are all included in the sale. Rent is $3500 per month, which includes TMI (taxes, maintenance, insurance). A long-term lease with optional years is available. Ample surface parking for customers.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$289,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

London, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

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

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