Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$599,000
Available - For Sale
Listing ID: E8479740
238 Ritson Rd North , Oshawa, L1G 0B2, Ontario
| 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 * |
| Price | $599,000 |
| Taxes: | $0.00 |
| Tax Type: | T.M.I. |
| Occupancy by: | Tenant |
| Address: | 238 Ritson Rd North , Oshawa, L1G 0B2, Ontario |
| Postal Code: | L1G 0B2 |
| Province/State: | Ontario |
| Directions/Cross Streets: | RITSON RD N & ADELAIDE AVE E |
| Category: | Without Property |
| Total Area: | 1226.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 100 |
| Retail Area Code: | % |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | Y |
| Days Open: | 7 |
| Hours Open: | 11am-11 |
| Employees #: | 10 |
| Seats: | 28 |
| LLBO: | N |
| Sprinklers: | Y |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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%
Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Durham |
| Municipality: | Oshawa |
| Neighbourhood: | O'Neill |
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