Added 1 month ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Restaurant
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Zoning: Business Commerc
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Age: No Data
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MLS®#: W10417728
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Days on Site: 4 Days
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Added: Nov 07, 2024 (1 month ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: ROYAL LEPAGE SIGNATURE REALTY
St. Louis Bar & Grill modern location in a newer plaza on Derry Road in Milton. Located in a premiumplaza with McDonald's and Tim's, this store dates back to 2018 and does outstanding sales well above the franchise norms. 2,800 Sq Ft layout with a big liquor license of 114 + 52 on the patio. Full production commercial kitchen with a big 20-ft commercial hood and 2 walk-ins (1+1). Full training and support from head office pending franchisor approval. Royalties of 5% + 2%. Please do not go direct or speak to staff.
Extras
Gross lease rate of $12,035 including TMI with 4 + 5 + 5 years remaining. Great location on the corner of a busy plaza with tons of signage on 3 sides and a great patio with parking for 100 and additional signage on the plaza pylon.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Oakville
Community: Bronte West
Availability Date: TBD
Inside
Bathrooms: 4
Air Conditioning: Y
Washrooms: 4
Utilities
Utilities: Available
Building
Basement: N
Heat Type: Gas Forced Air Closd
Elevator: None
Freestanding: N
Outside Storage: N
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Volts: 299
Amps: 600
Parking
Garage Type: Plaza
Covered Parking Spaces: 100
Fees
Tax Year: 2023
Taxes Type: T.M.I.
Land
Cross Street: Santa Maria Blvd & D
Municipality District: Oakville
Sewer: San+Storm
Lot Depth: 622.4 Feet
Lot Frontage: 279.71 Feet
Zoning: Business Commerc
Commercial Specific
Number of Employees: 25
Rail: N
Retail Area: 2800
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 2800
Total Area Metric: Sq Ft
Hours Open: 11:30-1
Franchise: N
Tangible Property Included: Y
Crane: N
Lot Code: Lot
Survey: N
Seats: 166
Soil Test: N
Business/Building Name: St. Louis Bar & Grill
Financial Statement: N
LLBO: Y
E C Drury/Trillium Demonstration School
Elementary: ProvincialErnest C Drury School for the Deaf
Elementary: ProvincialOur Lady of Victory School
Elementary: CatholicSt. Benedict Elementary Catholic School
Elementary: CatholicSam Sherratt Public School
Elementary: PublicAnne J. MacArthur Public School
Elementary: PublicE C Drury/Trillium Demonstration School
Secondary: ProvincialErnest C Drury School for the Deaf
Secondary: ProvincialGary Allan High School - Milton
Secondary: PublicMilton District High School
Secondary: PublicJean Vanier Catholic Secondary School
Secondary: CatholicBishop Paul Francis Reding Secondary School
Secondary: Catholic