Courtesy of: Phil Yan, Associate, Grand Realty
Courtesy of: Phil Yan, Associate, Grand Realty
$149,900
|
1,239 square feet
|
|
Business
|
$149,900
123 Any Street An excellent opportunity to own a well-established Japanese ramen restaurant in a prime, high-traffic area with a consistent flow of customers. The 1, 239 sqft restaurant features an open-concept commercial kitchen with a great layout that enhances both efficiency and customer experience. One parking stall included (monthly fee: $250). Downstairs storage space: approx. 828 sq. ft. Royalty fee: minimum $3, 000 or 5% of sales. Initial renovation and franchise investment: nearly $300, 000. Lease will be expired May 31, 2026, with a 5-year renewal option The lease expires on May 31, 2026, with a 5-year renewal option available. The new owner needs to continue operating under a franchise or chain-brand concept, or it may continue as a Japanese ramen restaurant. Share sale, please contact Phil for detail. (id:203)