228 Main Street East, Milton | Image 1

228 Main Street East

Milton, Old Milton

  • Commercial

$375,000
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®#: W9418437

  • Days on Site: 1 Days

  • Added: Oct 19, 2024 (1 month ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Fully Equipped And Well-Maintained Restaurant Located In The Prime Area Of Milton, One Of The Most Iconic Neighborhoods In Milton. This Location Boasts Incredibly High Foot Traffic. Nearby Schools and lots of Offices and Municipality. The restaurant boasts a modern, elegant interior creating a warm and inviting atmosphere for dine-in customers. With a steady stream of regular customers, strong takeout and delivery demand, and excellent visibility from the street, this restaurant is ideally positioned for continued success. Monthly Sales: Approx. $52,000. Food Cost: Approx. 32-35%, Labour Cost: Approx. 22-25%, Rent: $7415/m including TMI & HST, Lease: 5 + 5 years plus option to renew, Utility: Approx. $800-1000/m, Royalty and Advertising: 7.5%.

Extras

All Business Information is as provided by Seller. Listing Agent has 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: Milton

  • Community: Old Milton

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: MAIN STREET & MARTIN

  • Municipality District: Milton

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 3

  • Retail Area: 2500

  • Retail Area Metric: Sq Ft

  • Hours Open: 11 to11

  • Area Influence: Public Transit

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 10

  • Business/Building Name: WingsUp!

  • Financial Statement: Y

  • LLBO: N

Map of 228 Main Street East, Milton
4-8

E C Drury/Trillium Demonstration School

Elementary: Provincial
1.11 km
JK-5

J M Denyes Public School

Elementary: Public
0.65 km
JK-8

Martin Street Public School

Elementary: Public
0.58 km
JK-8

Holy Rosary Separate School

Elementary: Catholic
0.53 km
5-8

W I Dick Middle School

Elementary: Public
0.96 km
JK-5

Robert Baldwin Public School

Elementary: Public
1.50 km
Pre-Grade 9-12

E C Drury/Trillium Demonstration School

Secondary: Provincial
1.11 km
9-12

Ernest C Drury School for the Deaf

Secondary: Provincial
1.22 km
9-12

Gary Allan High School - Milton

Secondary: Public
0.96 km
9-12

Milton District High School

Secondary: Public
1.27 km
9-12

Jean Vanier Catholic Secondary School

Secondary: Catholic
3.49 km
9-12

Bishop Paul Francis Reding Secondary School

Secondary: Catholic
2.54 km
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