$599,000
FOR SALE

Franchise Business for Sale

Total Area: 1,226 ft2

238 Ritson Rd N
Oshawa, ON L1G 0B2 | O'Neill | Durham

If you're looking for a high volume national branded restaurant franchise then look no further than Oshawa's Thai Express located in a one of Durham's most sought after plazas which contains all the latest brands including a Costco and No Frills anchor. This Thai Express is an ideal 1226 square foot end cap unit exposure with high visibility and ample parking. Sales are over $1Million with strong NOI on top of owner's salary. Thai Express is an award winning restaurant franchise that continues to expand globally. With comprehensive training and ongoing support from head office, Franchisees are given the tools to optimize the highest return on their stores. This location has been operating for 9 years and has 11 years remaining on the Lease. It is meticulously cleaned and maintained. We are looking for passionate entrepreneurs and business owners who are interested to continue the success of this location. Please do not go direct or speak to staff. Your discretion is appreciated.
Extras
* Net Rent = $3,575.83 * TMI = $1,664.81* Gross Rent = $5,987.85 inc HST* Lease Expires Oct 2036 * Royalty = 6% * Advertising = 3% * Strong Franchisor Support * Buyer Must Be Qualified and Approved By Head Office * Full Training Provided *
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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E8479740
Last Updated Jun 27, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Franchise
Category Without Property
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets RITSON RD N & ADELAIDE AVE E
Neighbourhood O'Neill
Area Durham
Price History

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Detailed Information
Retail Area 100 percent
Total Area 1,226 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open 11am-11
LLBO N
Employees 10
Heat Type Gas Forced Air Closd
Financial Statement Y
Seats 28
Sprinklers Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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