Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

45 Milner Avenue, Toronto E07, ON M1S 3P6 (Mccowan Ave/Milner Ave)
$ 210000 - MLS : E12363807

From Our Gallery

Description

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.

Location Description

Mccowan Ave/Milner Ave

Property Detail

Community: Agincourt South-Malvern West
Property Type: Tenant/Commercial
Garages: Plaza
Annual Property Taxes : $ 0

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Plaza

Amenities

Heating : Gas Forced Air Closed

Listing Contracted With: HOMECOMFORT REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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