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$ 210,000
Est. payment /mo
Price Dropped by $50K
45 Milner AVE Toronto E07, ON M1S 3P6
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Agincourt South-Malvern West
MLS Listing ID E12363807
Tax Year 2025
Property Sub-Type Sale Of Business
Property 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
Province ON
County Toronto
Community Agincourt South-Malvern West
Area Toronto
Interior
Heating Yes
Cooling Yes
Others
ParcelsYN No
Listed by HOMECOMFORT REALTY INC.