$249,000
Available - For Sale
Listing ID: X12059438
1086 Commissioners Road East , London South, N5Z 4W8, Middlesex
| This is a great opportunity for anyone interested in owning a well-established with strong reputation Indian-Pakistani restaurant in a high-traffic location. This Non-franchise restaurant offering both dine-in and take-out services. The current owner is retiring and is motivated to sell, and theres an option for the new owner to receive training on the operation. Equipment & Facilities Includes a 6-burner stove, BBQ Grill, Naam Making Oven, tandoor, 2 stoves, walk-in cooler, double-door freezer, dough-making machine, two frezzer, water heater, and security system with cameras. 20+ seats, perfect for accommodating dine-in customers. Currently operating with short hours but increasing hours could generate additional revenue. Catering and tiffin services are an option, with potential clients including students, taxi drivers and truck drivers (nearby truck stop). The equipment, furniture, and leasehold improvements are all included in the sale. A long-term lease with optional years is available. Ample surface parking for customers. |
| Price | $249,000 |
| Taxes: | $105365.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy by: | Owner |
| Address: | 1086 Commissioners Road East , London South, N5Z 4W8, Middlesex |
| Postal Code: | N5Z 4W8 |
| Province/State: | Middlesex |
| Directions/Cross Streets: | Commissioners road E and Pond Mills Road |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | The Palace Kitchen |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 8 |
| Employees #: | 5 |
| Seats: | 20 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| KING REALTY INC. |
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HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Middlesex |
| Municipality: | London South |
| Neighbourhood: | South J |
| Tax: | $105,365 |
| Fireplace: | N |
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