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Sale Of BusinessMLS® W13003680
128 Speers Road
1013 - OO Old Oakville, Oakville, ON L6K 2E7
$188,000
2 Bath
109 days
About This Property
Well-established and profitable Chinese restaurant located in a mature, high-density residential area of Oakville. Approx. 1,100 sq. ft. with 26 seats. Fully equipped with a professional commercial kitchen, including a 22-ft exhaust hood and walk-in freezer. Ample on-site parking available. Short running hour; Monthly sales approximately $35,000. Rent is $5,580/month (inclusive of TMI & HST). Lease term includes 2 years remaining plus a 5-year renewal option. Owned and operated by the same owner for 10 years, now selling due to family reasons. Stable and loyal customer base in place. Ideal opportunity for a family operator or entrepreneur. Flexible concept-can be converted to other cuisines or restaurant types.
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