D10.1 - 55 Ontario Street S, Milton, Ontario L9T 2M3

Great location. Exterior pod location at Milton's major mall in one of Ontario's fastest-growing communities on the western edge of the Greater Toronto Area. Highly visible and Milton's highest traffic location at the intersection of Main and Ontario Streets. The Milton Mall location is the focus of Milton's central business district. This store opened in May 2021 and continues to grow. Short hours Sunday to Thursday 11 am - 10 pm. Friday and Saturday until 11 pm. Labour is only 120 - 125 hours/week. Reasonable rent of less than $3,500/month net with 7 years + 2 x 5-year options remaining. A very popular and in-demand menu. High sales, reasonable rent, low food costs and low labour costs lead to high profitability. Customers love the food. 2 large new condominium buildings are under construction adjacent to the property. If visiting without an appointment, please go as a customer and don't speak to staff. Thank you. **** EXTRAS **** Gross rent of $4,505.58/month (2024) includes TMI + the pylon sign rental of $100/month. Staffed with 1 owner and 4 employees. The Buyer needs to be approved and will be trained and supported by the franchise company (Toronto based). (id:27476)

Located in a prime spot, this exterior pod location is situated at Milton's major mall in one of Ontario's rapidly growing communities on the western edge of the Greater Toronto Area. Positioned at the intersection of Main and Ontario Streets, it boasts high visibility and experiences the highest traffic in Milton. As the focal point of Milton's central business district, this store has been thriving since its opening in May 2021, with net sales exceeding $740,000 in 2022 and showing continuous growth.

The store operates with short hours from Sunday to Thursday, opening from 11 am to 10 pm, and extending its hours until 11 pm on Fridays and Saturdays. With a labor requirement of only 120-125 hours per week, the store maintains a reasonable rent of less than $3,500 per month net, with 7 years remaining on the lease and 2 options for 5-year renewals. Offering a popular and in-demand menu, the store achieves high sales, low food costs, and minimal labor expenses, resulting in high profitability, all while garnering positive feedback from its customers.

Adjacent to the property, two large new condominium buildings are currently under construction, indicating further potential for growth and expansion. Prospective buyers are kindly requested to visit the property as customers and refrain from engaging with the staff without an appointment. Additionally, the gross rent of $4,582.30 per month includes TMI and a pylon sign rental of $100 per month. The store is currently staffed with 1 owner and 4 employees, and the buyer will undergo approval and receive training and support from the franchise company, which is based in Toronto.

Furthermore, this property is currently for sale and is located at #D10.1 - 55 Ontario St S in the city of Milton, Ontario, with a postal code of L9T2M3. Situated in the community of Old Milton, the property is fully air-conditioned, making it an attractive and lucrative investment opportunity.