Well-established fast food business Teriyaki, located in a high-traffic commercial plaza reputable brands like Winners, Starbucks, and other well-known stores. The plaza offers ample parking, attracting a steady customer flow and ensuring strong, consistent sales. Same owner for 15 years, seller is retiring, gross sale yearly $600,000, Royalty fee 9%of sales, Monthly rent is $6,021 (including TMI and water), net income yearly $150,000, The current lease until 2029 plus 5 years option to renew. Simple operations make it ideal for family business operators. (id:35762)
BusinessType | Restaurant |
BusinessSubType | Fast foods |
Name | Teriyaki |
MLS® Number | E12363807 |
Property Type | Business |
Neigbourhood | Scarborough |
Community Name | Agincourt South-Malvern West |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 1300 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
ZoningDescription | Commercial |
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Ying Shi
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