Personal Pic

FARHANG RAFII

Sales Representative
Right At Home Realty, Brokerage Independently owned and operated. 1550 16TH AVENUE BLDG B UNIT 3 & 4, Richmond Hill, Ontario L4B3K9 Cell: 647-606-4145Office: 905-695-7888

$119,000
Available - For Sale
Listing ID: X13725762
45 MUNRO Street , Carleton Place, K7C 1H6, Lanark


BUSINESS FOR SALE! Well-established and popular Asian fusion restaurant located in the heart of Downtown Carleton Place, situated on a prominent corner lot near Highway 7 with excellent visibility and strong exposure to passing traffic. The property features an approximately 81' x 218' lot (0.398 acres) and a 1,300 sq. ft. commercial building.The sale includes a successful, turnkey restaurant operation with an established customer base and strong presence in the local community. All restaurant equipment, signage and displays are included, providing an excellent opportunity for a new owner to take over and continue the existing operation. Comprehensive training can be provided to facilitate a smooth transition.Ideal for an owner-operator or entrepreneur looking to acquire an established restaurant business in a high-visibility location. Please contact the Listing Agent for further information and to arrange a private site visit. A signed Confidentiality Agreement is required before any financial information regarding the business will be released. Please do not approach or communicate with the restaurant's employees directly. Lease Term: The parties agree to a flexible lease term of 3 to 5 years, with the final term to be mutually agreed upon and documented in the lease agreement. Rent: The monthly rent for the first year shall be $3,000.00 per month, subject to an annual rent increase as agreed upon by the parties. Property Taxes, Insurance and Utilities: The TENANT shall be responsible for payment of all property taxes, property insurance, and all utilities and services associated with the property throughout the term of the lease. Repairs and Maintenance: The LANDLORD shall be responsible for major structural and exterior repairs to the property, including, but not limited to, the roof, foundation, and exterior walls. All other routine repairs, maintenance, upkeep, and operating costs related to the property shall be the responsibility of the TENANT.
Price $119,000
Taxes: $11000.00
Tax Type: Annual
Occupancy: Owner
Address: 45 MUNRO Street , Carleton Place, K7C 1H6, Lanark
Postal Code: K7C 1H6
Province/State: Lanark
Legal Description: PT LT 13 SEC E PL 230 LANARK N BECKWITH
Lot Size: 24.82 x 218.02 (Feet)
Directions/Cross Streets: From Hwy 7, Turn right onto Franktown Rd, Continue onto Moore St, Turn right onto Munro St.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Restaurant
Building Percentage: T
Total Area: 17319.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: FLEXIBL
Employees #: 0
Seats: 50
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOME RUN REALTY INC.
Personal Picture
FARHANG RAFII
Sales Representative
Dir:
647-606-4145
Bus:
905-695-7888
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Lanark
Municipality: Carleton Place
Neighbourhood: 909 - Carleton Place
Style:
Lot Size: 24.82 x 218.02(Feet)
Approximate Age:
Tax: $11,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years