Description

Well Known Established Chinese Canton Style Restaurant Located In A Very Busy Food Court Near Midland/Steeles Across From Pacific Mall And Market Village, Tenant Is A Well Known Chinese Restaurant "New Canton Kitchen" Net Profit E.Z Over $100K Afterday Out All The Worker And All Expenses And Salary Long. Lease Until June 30, 2027 Plus 5Yrs Option

Extra

Pls Visit Food Court & View Traffic On This Business.Gross Sale Over 700K/Yr, Expenses,Rent, $2K/Mo Condo Fee $1.9K/Mo Salary:Kitchen Staff 3X$5K=$15K/Mo, Cashier:$5K/Mo. Sales$60K/Mo,Profit 65%=$39K/Mo. Expenses: 27.5K/Mo.Net Profit 10K/Mo

Key Facts

• Taxes: $7200
• MLS#: E5353798
• Price: $93,000
• Status: Sale
• Type: Sale Of Business
• Style: n/a
• Size: 1100.00
• Updated: 2021-08-30 09:48:16.0
• Year Built: n/a

Property

• Type: Sale Of Business

Commercial General

• Depth: 0.00
• Lot Front: 0.00
• List Price Code: For Sale
• Lot/Bldg/Unit Code: Lot
• Lot Size Code: Feet
• Air Conditioning: Y
• Apt/Unit: F5
• Elevator: None
• Garage: Plaza
• Heating: Gas Forced Air Open
• Possession Date: 30-60 Days
• Seller Property Info Statement: N
• Zoning: Commercial
• Type: B.
• Taxes: $7200
• Tax Year: 2021
• Use: Restaurant
• Clear Height Inches: 11
• Clear Height Inches: 0
• Chattels: Y
• Business/Building Name: New Canton Kitchen
• Employees: 4
• Financial Statement: N
• Franchise: Y
• Freestanding: N
• Hours Open: 11-9Pm
• Industrial Area: 0
• Industrial Area Code: Sq Ft
• Legal Description: Tscp 1538 Level 1
• LLBO: N
• Minimum Rental Term: 60
• Office/Apt Area: 0
• Office/Apt Area Code: Sq Ft
• Category: Without Property
• Rail: N
• Retail Area: 1100
• Retail Area Code: Sq Ft
• Seats: 80
• Sprinklers: Y
• Maximum Rental Term: 120
• Total Area: 1100.00
• Total Area Code: Sq Ft
• Type Taxes: Annual
• Utilities: Y
• Orig lp cd: For Sale
• Commercial Condo Fees: 1900.00