106-101 Osler Drive, Hamilton | Image 1

106-101 Osler Drive

Hamilton, Dundas

  • Commercial

$245,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X8105084

  • Days on Site: 54 Days

  • Added: Mar 01, 2024 (1 month ago)

  • Updated:

  • Last Checked: 13 minutes ago

  • Listed By: REAL ONE REALTY INC.

Money-making Chinese restaurant in Hamilton. Located in the red-hot University Plaza, east of the McMaster University campus and surrounded by established neighbourhoods. Close to major traffic arteries and Hwy 403, the shopping centre where it is located has heavy foot traffic. The restaurant has been around for almost 20 years and does dine-in, take-out and delivery. Approx. 1,600 sq ft and 30 seats. Professional commercial kitchen 18 ft. extractor fan, 2 walk-in cooler, 3 bathroom, and much more. Lots of parking in the shopping centre. Restaurant is open 7 days a week, 11:00am to 9:30pm. rent $6,901 (includes TMI and HST). Monthly sales are around $72,000 and net profit is around $16,050 after deducting all expenses and seller's own salary. This restaurant is the only Chinese restaurant in the shopping centre and has a stable business, so you can make money when you buy the shop.

Extras

All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Hamilton

  • Community: Dundas

  • Availability Date: TBD

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 53-54 CON 1 ANCASTER PT 1 TO 8 62R11982, S/T & T/W VM81249

  • Taxes Type: Annual

Land

  • Cross Street: Osler Dr & Grant Blv

  • Municipality District: Hamilton

  • Parcel Number: 174540165

  • Lot Depth: 100 Feet

  • Lot Frontage: 16 Feet

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 7

  • Retail Area: 1000

  • Retail Area Metric: Sq Ft

  • Total Area: 1600

  • Total Area Metric: Sq Ft

  • Hours Open: 11 - 9:

  • Area Influence: Major Highway

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 30

  • Business/Building Name: Empress Wok

  • Financial Statement: N

  • LLBO: N

Map of 106-101 Osler Drive, Hamilton
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60-1685 Main Street West, Hamilton | MLS: X8115060
For Sale
1 month ago
$199,000
  • 1 bath
  • 0 bed

60-1685 Main Street West, Hamilton, Ontario • L8S 1G5 • Ainslie Wood