Serving Southern Ontario & GTA
60 Quarry Edge Drive, Brampton, ON L6V 4K2 - Image 1Active
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$118,800

MLS# W12902546

60 Quarry Edge Drive, Brampton, ON L6V 4K2

Brampton, ON L6V 4K2

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Bedrooms

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Bathrooms

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Sq Ft

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Year Built

New Listing· Listed 1 days on marketPopular· 168 views todayHot Property· High interest
About This Property

Excellent Money Making Opportunity to Operate a Quality Well Established Sushi Noodle Bar / Teriyaki and Profitable Take-Out Franchise business. Located inside a Super Large Fortinos Store at a prime Location Hwy 10 / Bovaird area Brampton. Plenty of Parking in this Plaza *** Turn key Low Overhead, Easy to Manage, Easy to Operate Business. No Cashier Required, Customers Buy the Take-Out Food & Pay thru Fortinos Cashiers. *** This Fortinos Store has a Common Convenient Large Sit Down Dine In Area Situated Beside this Sushi Store Unit. Sunny, Bright, Clean with Many Tables & Chairs *** Average Weekly Gross Sales $10,000 to $11,000, Estimated $600,000 Gross Sales Per Year, Total 36% (10% Franchise Royalty + 26% Fortinos Rent) of the Gross Sales. *** Large Sushi Platters Party Size are Very Popular During Holidays *** No Additional Rent / TMI / Utilities Charges Since Fortinos Rent which is 26% of Gross Sales Included Everything. *** Fortinos is also responsible for Kitchen Exhaust Hood Fan Cleaning Every 6 months, Kitchen Floor Cleaning Daily and Equipment Maintenance. *** After Deducting the 36%, Average WEEKLY Sales to Franchisee about $7,200.*** Surrounded by High End Stores and Mature Communities, Busy Flow of Customers *** Seller Will Provide Financial Statement Upon an Accepted Offer *** Offer will be Conditional on Approval by Franchise (AFC), Franchisor is Based in Los Angeles USA, New Approved Franchisee Must Undergoing 2 Weeks Training in Los Angeles USA , a New 5 Years Franchise Agreement Which Can Be Renewed Every 5 Years ***

1 day on market
Property Details

Property Type

Commercial

Year Built

N/A

Lot Size

N/A

Garage

N/A

Basement

N/A

Heating

N/A

Cooling

N/A

Parking Spaces

N/A

Location

Map View

60 Quarry Edge Drive, Brampton, ON L6V 4K2, Brampton, ON

This property is located in:

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Part of Peel Region

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Mortgage Calculator

$118,800

20% ($23,760)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$584

*Principal & Interest only. Does not include taxes or insurance.

Principal$95,040
Total Interest$80,049
Total Cost$198,849
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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