$199,000
FOR SALE

Business for Sale

Restaurant

Lot: 25 x 80 ftTotal Area: 1,906 ft2
2023 Taxes: $10,317.17

100 Mearns Ave #12
Clarington, ON L1C 5M3 | Bowmanville | Durham

" Seize the opportunity to own a thriving turnkey Indian restaurant in the heart of Durham's bustling commercial area. With approximately 2,000 square feet of well-designed space, this restaurant seats up to 30 guests and benefits from a high footfall, ensuring steady business. Recently renovated with nearly new appliances, the space is ready for immediate operation. The restaurant holds a valuable Lobo license, enhancing its appeal and revenue potential. With impressive gross monthly income between $55,000 and $60,000 and a net profit of $8,000 to $10,000, this business is already proving its success. The lease terms are flexible, with a competitive rent of just $4,380 per month Including TMI , making this an outstanding investment opportunity for anyone looking to enter or expand in the lucrative restaurant market. Plaza Feature successful & well- known tenants + aaa franchises like circle -k and dominoes , frosty John's , great Wok , Bowmanville compounding Pharmacy , animal hospital of Bowmanvil
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Listed By SAVE MAX REAL ESTATE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E9248418
Last Updated Sep 15, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Category Without Property
Legal Description PT N1/2 LT 9 CON 3 EYS TWP OF YORK; PT S1/2 LT 9 C
Occupancy Owner
Possession Date Immediate
Taxes (2023) $10,317.17
Tax Type T.M.I.
Directions/Cross Streets Mearns Ave./Concession Rd. E.
Neighbourhood Bowmanville
Area Durham
Price History

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Detailed Information
Freestanding Y
Lot 25 x 80 ft
Retail Area 1,906 ft2
Total Area 1,906 ft2
Approximate Age 0-5
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open V
Hours Open 10am-11
LLBO Y
Employees 4
Heat Type Gas Forced Air Closd
Financial Statement Y
Seats 30
Sprinklers N
Sewers Septic
Utilities Y
Water Municipal
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning Commercial
Seller Property Info Statement N

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