33
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$289,000
Est. payment /mo
Price Dropped by $35K
1086 Commissioners RD E #5 London, ON N5Z 4W8
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision South J
MLS Listing ID X11928849
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
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. Rent is $3500 per month, which includes TMI (taxes, maintenance, insurance). A long-term lease with optional years is available. Ample surface parking for customers.
Location
Province ON
County Middlesex
Community South J
Area Middlesex
Interior
Cooling Yes
Listed by KING REALTY INC.