45 Milner Ave, Toronto, M1S 3P6

Listing Overview

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.

2 months

On Market

Sale Of Business

Property Type

$0 / Year

Est. Taxes

Without Property

Style

Fast Food/Take Out

Business Type

Y

Franchise