• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
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Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

$220,000
Available - For Sale
Listing ID: X13535090
405 Wharncliffe Road South , London South, N6J 2M3, Middlesex


This is a rare opportunity to own a well-established, highly regarded Indian/Pakistani restaurant in a prime high-traffic location and highly recommended Google reviews. The independent, non-franchise business offers both dine-in and take-out service with seating for40+ guests and ample surface parking in the plaza. A fully equipped kitchen includes a 6-burnerstove with oven, two 6feet exhaust hods( Total 12 Feet), one fryer, tandoor, one additional stove, a walk-in cooler, a walk in freezer, Ice maker, a dough-making machine, 4 microwaves, Speaker systems and much more. The current owner is retiring and will provide training to ensure a smooth transition. You can also convert this into different cuisine as well. With shorter operating hours at present, there is strong potential to increase revenue by extending hours or adding catering and tiffin services to capture nearby markets such as students, taxi drivers, and truck drivers (proximity to major truck stops). All equipment, furniture like 4booths with chairs, four center table with chairs and all crockery and cutlery and small and big utensils and many more. Only restaurant setup ( infrastructure ) for sale not brand name.
Price $220,000
Taxes: $78912.00
Tax Type: Annual
Assessment Year: 2025
Monthly Condo Fee: $0
Occupancy: Owner
Address: 405 Wharncliffe Road South , London South, N6J 2M3, Middlesex
Postal Code: N6J 2M3
Province/State: Middlesex
Legal Description: LTS 2, 3, 4, 5, 6, 7 & 8, PL 488, EXCEPT
Directions/Cross Streets: WHARNCLIFFE RD SOUTH EUSTON RD
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
Building Percentage: T
Total Area: 1650.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 31-50
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: Flexibl
Employees #: 3
Seats: 40
Sprinklers: No
Washrooms: 2
Outside Storage: F
Rail: N
Crane: F
Clear Height Feet: 14
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
 
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London South
Neighbourhood: South E
Style:
Lot Size: x 251.00(Feet)
Approximate Age: 31-50
Tax: $78,912
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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