56 Davis Drive
Central Newmarket / Newmarket, ON L3Y 2M7
About This Property
Great Opportunity to Own a Philthy Philly's Fast Food Restaurant In the Heart Of the Newmarket, Ideal Opportunity For A Person Who Wants To Be Own Boss with attractive net profit Established business located in the busy plaza of Central Newmarket. *Philthy Philly* franchise with over 40 stores across Ontario and growing. Great Signage, Exposure, And Traffic Count is limitless as plaza is anchored by No Frills, Baskin Robin, Goodlife Fitness, SDM and many major banners. Fully Equipped Kitchen & Very Easy To Run. Lots Of Potentials To Grow. Monthly Revenue between $65 to 70K, Very low Rent : $5085 (incl. TMI, HST & Water), Utilities : Apx. $1200, Proven Food Cost is 30%, Franchise Royalty $500/Mthly. An attractive net profit after all expense.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N13572614
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$3,169
/month · $519,200 mortgage
Amortization
Total Interest
$431,546
Total Cost
$950,746
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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CENTURY 21 PEOPLE`S CHOICE REALTY INC.