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$315,000
Available - For Sale
Listing ID: X13127842
An excellent opportunity to acquire a well-established Mediterranean restaurant located at 516 Centennial Parkway N, Hamilton in the highly desirable Stoney Creek area. Strategically situated in a busy Smart Centre plaza anchored by major tenants including Walmart, McDonalds, Five Guys, Shoeless Joes, South Indian restaurant, Dollar Store, Healthy planet and other strong retailers, ensuring high foot traffic and excellent visibility . This modern restaurant is only 3 years old, featuring well-maintained equipment and leasehold improvements, and operates as a fully turnkey business. The location enjoys strong and consistent sales along with an impressive 4.5-star Google rating, reflecting its loyal customer base and strong brand presence. Ideal opportunity for owner-operators, family operators, or investors looking to step into an established franchise with growth potential. Attractive price point with significant opportunity to further increase revenue through extended hours, catering, and delivery platforms. Favorable lease terms with 5 years remaining and two renewal options of 4 years each. Low rent of $5,063.50 plus TMI. Do not miss this chance to own a successful Mediterranean restaurant in a high-traffic retail plaza.
Price $315,000
Taxes: $0
Tax Type: TMI
Occupancy by: Owner
Address: 516 Centennial Parkway North , Hamilton, L8E 0G2, Hamilton
Postal Code: L8E 0G2
Province/State: Hamilton
Directions/Cross Streets: QEW/CENTENNIAL PKWY
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 1,599
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 11-10
Employees #: 3
Seats: 24
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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RE/MAX REAL ESTATE CENTRE INC.

516 Centennial Parkway North , Hamilton, L8E 0G2, Hamilton

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Maria Tompson
Sales Representative
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905-361-0512
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905-361-0512
Fax:
905-361-0853

 
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Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stoney Creek
Style:
Lot Size: x 925.42(Feet)
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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