Sales Representative
Price
$279,000
Bedrooms
Not listed
Bathrooms
4 Baths
Size
1759 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
Not listed
Priced for quick sale. 4.7 Star with 700 plus Google reviews this Fully Equipped Fully functioning 1759 sq ft Turnkey profitable Mexican Restaurant for Sale on Prime High traffic Newmarket Corner Location in the heart of Newmarket with excellent signage visibility and ample parking. Sale includes Goodwill (Established business name, phone number, social media, and loyal client base), a complete commercial kitchen - featuring 12 ft hood, 50 seats, all professional grade appliances, easy to operate washer, ventilation, and prep stations. All furniture, fixtures, and restaurant chattels are included, just walk in and start cooking on day one. Fully LLBO licensed premises included in the sale, providing a turnkey setup for serving a complete beverage menu. Excellent Lease Terms that offers stability and a competitive rate, providing the perfect foundation to grow your own business. Landlord willing to support with the construction of an outdoor patio. Easy to apply for the permit as the preliminary steps have been taken. Currently operating as a successful Mexican eatery, but the versatile layout and top-tier equipment make it suitable for various culinary concepts. Seller willing to provide training to ensure a smooth handover and to teach recipes and operation optimizations. This established spot is perfectly positioned to capture heavy local residence, nearby corporate and trade professionals. High visibility with ample plaza parking. The basement, roughly 850 sq. ft. offers incredible versatility. While presently utilized for food and packaging storage, this expansive bonus space could easily be converted for additional revenue generating purposes. The two washrooms, two refrigerators and the space present a unique opportunity for the new owner to maximize the property's functional square footage.
Access detailed sale and tax history information
Total Monthly Payment
$1,003 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$223,200
Total Interest Payments
$137,617
Total Payment (Principal + Interest)
$360,817
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.
