Price: $325,000

228 Main Street, Milton, ON L9T 1N8

Fully Equipped And Well-Maintained Restaurant Located In The Prime Area Of Milton, One Of The Most Iconic Neighborhoods In Milton. This Location Boasts Incredibly High Foot Traffic. Nearby Schools and lots of Offices and Municipality. The restaurant boasts a modern, elegant interior creating a warm and inviting atmosphere for dine-in customers. With a steady stream of regular customers, strong takeout and delivery demand, and excellent visibility from the street, this restaurant is ideally positioned for continued success. Monthly Sales: Approx. $52,000. Food Cost: Approx. 32-35%, Labour Cost: Approx. 22-25%, Rent: $7415/m including TMI & HST, Lease: 5 + 5 years plus option to renew, Utility: Approx. $800-1000/m, Royalty and Advertising: 7.5%. **EXTRAS** All Business Information is as provided by Seller. Listing Agent has not Verified Accuracy. Buyers are welcome to perform Due Diligence.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$325,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Milton, 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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