Gaurang Shah, Sales Representative

$270,000

Available - For Sale

Listing ID: W12115406

1500 Upper Middle Road , Burlington, L7P 3P5, Halton

Profitable Burlington Chinese Takeout in mature residential area. Approx. 947 sq ft, 12 seats. Professional kitchen w/ 18ft hood & walk-in cooler. Ample plaza parking. Open 6 days (11:30am-10pm), closed Tue. SUPER LOW RENT: $2397 incl. TMI & HST! Lease: 3+5 yrs remaining. ~$70K monthly sales, Very profitable! Owner selling due to health/family. Potential to convert to other takeout concepts. **EXTRA** All Existing Chattels. All Business Numbers Are As Per Seller, Buyers Are Welcome To Perform Due Diligence.

Price	$270,000
Taxes:	$0.00
Tax Type:	Annual
Occupancy:	Tenant
Address:	1500 Upper Middle Road , Burlington, L7P 3P5, Halton
Postal Code:	L7P 3P5
Province/State:	Halton
Legal Description:	PCL F-1 , SEC M103 ; BLK F , PL M103 ; S
Directions/Cross Streets:	Upper Middle Rd & Brant St

Washroom Type

No. of Pieces

Level

Washroom Type 1

Washroom Type 2

Washroom Type 3

Washroom Type 4

Washroom Type 5

Category:	Without Property
Use:	Fast Food/Takeout
Building Percentage:	F
Total Area:	947.00
Total Area Code:	Square Feet
Retail Area Code:	Sq Ft

Financial Statement:	T
Chattels:	T
Franchise:	F
Days Open:	O
Hours Open:	11:30 a
Employees #:	5
Seats:	12

Washrooms:	0
Heat Type:	Gas Forced Air Open
Central Air Conditioning:	Yes

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Amortization:

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GDS:

TDS:

Percent Down:
Down Payment	$13,500	$27,000	$40,500	$54,000
First Mortgage	$256,500	$243,000	$229,500	$216,000
CMHC/GE	$10,260	$7,533	$6,426	$0
Total Financing	$266,760	$250,533	$235,926	$216,000
Monthly P&I	$1,316.41	$1,236.34	$1,164.25	$1,065.92
Expenses	$0	$0	$0	$0
Total Payment	$1,316.41	$1,236.34	$1,164.25	$1,065.92
Income Required	$49,365.46	$46,362.56	$43,659.46	$39,972.04

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$666.2

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Disclosure Statement

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

REAL ONE REALTY INC.

Listing -1 of 0

Gaurang Shah

Licenced Realtor

Dir:

416-841-0587

Bus:

905-458-7979

Fax:

905-458-1220

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Type:	Com - Sale Of Business
Area:	Halton
Municipality:	Burlington
Neighbourhood:	Tyandaga
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Lot Size:	x 0.00(Feet)
Approximate Age:
Tax:	$0
Maintenance Fee:	$0
Beds:	0
Baths:	0
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Fireplace:	N
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