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"Me & Julio Modern Mexican Kitchen" at 5th Avenue, 1,920 SqFt totally renovated new restaurant, 90 Seats inside + 24 on Patio generating approximately $1M/Year gross sales & $70,000K Net. Liquor License 1AM weekdays Sunday to Thursday, 2AM Friday & Saturday. Lease $6,317/month include taxes (taxes are $1,357/month) for another 3 years + 5-year option. Lease start date August 15th 2007 till August 14th 2012. (Lease has 3% escalation clause per year). 4 parkings stall available during the day + 4 additional stalls after 6pm.
Additional Documents
| MLS® # | V4024517 |
|---|---|
| Business Name | Me & Julio Modern Mexican Kitchen |
| For Sale | Yes |
| For Lease | No |
| Fin. Floor Area | 1,920 sqft |
| Total Bldg Size | 1,920 |
| Taxes | $ 16,284 / 2009 |
| Total Gross Sales | $1,000,000 |
| Sale Type | Asset |
| Net Income | $70,000 |
| Monthly Lease | $6,317 |
| Lease Expires | Aug 2012 |
| Lease Term | Lease start date Aug 15 2007 – Aug 14 2012. (Lease has a 3% escalation clause per year). |
Links
- Movie Tour of Restaurant
- Link to Canada's Gateway to Commercial Real Estate Listing Info
- Link to youtube.com Listing Info
- Link to Realtylink Online Listing Info
- Link to Craigslist.org Listing Info
- Link to realestatechannel.ca Listing Info
- Link to Restaurant website
- Western Investor Monthly Commercial Newspaper
- Link to Business Exchange Commercial Newspaper Listing Info
Amenities
- Alarm System
- Cooler(s)
- Exhaust Fan(s)
- Patio
- Washrooms Female/Male
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Site Influences
- Corner Site
- High Traffic Area
- Level Land
- Paved Lot
- Retail Exposure
- Public Transit Nearby
- Visual Exposure
Photos
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