10
361 King Ave E, #7
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$179,999 List $179,999 -
Sold on: 143 days ago
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Key Facts
Key facts for 361 King Ave E, #7
Property Type
Commercial
Parking
Outside/Surface
MLS #
E6661704
Size
-
Basement
N
Listed on
-
Lot size
0 x 0.00
Tax
-
Days on Market
-
Approximate Age
-
Maintenance Fee
-
Description
Excellent Opportunity to Enter into Reputed Mexican Franchise Business. Desirable Location in New Castle, ON. Located in a busy plaza at the intersection of King Ave E/Brookhouse Dr. Surrounded by Fully Residential Neighbourhood, High Numbers Of Foot Traffic. Excellent Business with Great Weekly Sal...es, Low Rent, Long Lease, and Great Franchise Support. **** Extras **** Weekly Sales: Around $6500-7000, Food Cost: Approx. 32-35%, Labour Cost: Approx. 22-25%, Rent: $3408/m including TMI and Hst, Lease: Existing 4 + 5 + 5 years option to renew, Royalty: 350/weekly, and Advertising: 70/weekly.
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