A famous hotspot restaurant in Chinese community! Excellent opportunity to acquire a well-established and highly rated authentic Chongqing-style Noodle house restaurant, the business is popular among local professionals and food enthusiasts alike. Located in the high-traffic Merivale/Colonnade commercial park, this restaurant benefits from strong dine-in, takeout, and online sales. Well-reviewed on Google with a loyal customer base.Proprietary recipes and preparation methods will be included in the sale, offering a smooth transition for the new owner. Ideal for both first-time operators and experienced restaurateurs looking to expand. Special note: The rent for this business property is very low-less than 10% of sales-resulting in a high profit margin, the owner ran this restaurant for 8 years and sale due to retirement. (id:28469)
Business
Business Type
Restaurant
Business Sub Type
Restaurant/pub
Facts & features
Property
MLS® Number
X13033562
Property Type
Business
Community Name
7203 - Merivale Industrial Park/Citiplace
Parking Space Total
4
Building
Bathroom Total
1
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
678 Ft
Size Frontage
194 Ft ,9 In
Size Irregular
Bldg=194.8 X 678.01 Ft
Size Total Text
Bldg=194.8 X 678.01 Ft
Zoning Description
Co
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.