128 Speers RD new

Oakville,ON L6K 2E7

$ 185000

- Bed

2 Baths

1100 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $168

Subdivision 1013 - Oo Old Oakville

MLS Listing ID W12353335

Annual Tax Amount $1,000

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Profitable Chinese restaurant for sale in a mature residential area of Oakville. Approx. 1,100 SF with 26 seats. Features a professional commercial kitchen with a 22-ft hood, walk-in freezer, and ample parking. Open 7 days a week: Tuesday to Friday, 12 p.m. to 9 p.m.; Saturday to Monday, 2 p.m. to 9 p.m. Monthly sales approx. $35,000, with a rent of $5,580/month (incl. TMI & HST). The lease has 2 years remaining with a 5-year option to renew. The current owner of 10 years is selling for family reasons. The business has a stable customer base and is a great opportunity for a family operator. It can also be converted to any type of restaurant. ** All business-related information, including but not limited to business numbers, is provided by the Seller and has not been verified by the Listing Brokerage. Buyers are advised to conduct their own due diligence. **

Location

Province ON

County Halton

Community 1013 - Oo Old Oakville

Area Halton

Interior

Cooling Yes

Exterior

Utilities Available Yes

Others

Security Features Yes

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