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$ 249,999
Est. payment | /mo
$ 249,999
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9394202
Annual Tax Amount $12
Tax Year 2023
Property Description
Own a Successful Indian Restaurant Franchise in the Heart of Niagara Falls! Located at the high-traffic intersection of Lundy's Lane and Kalar Road, this thriving Indian restaurant franchise occupies an impressive 1,750 sq ft and is perfectly positioned just minutes from Niagara Falls, Clifton Hill, and the iconic Niagara Sky Wheel-prime destinations for both tourists and locals. With excellent exposure, ample parking, and easy access from nearby hotels, this restaurant draws in a steady flow of customers. The restaurant comes with an approved LLBO license and presents significant potential for catering orders, making it an excellent opportunity for growth. Lease terms are highly favorable, with rent set at $4,255.42 (including TMI) until August 31, 2026, plus two 5-year renewal options. The seller is ready to ensure a smooth transition with comprehensive training for the new owner. Don't miss out on this rare opportunity to own a flourishing restaurant in one of Canada's most visited tourist hubs! Please Do Not Go Direct or Speak to Employees.
Location
Province ON
County Niagara
Community Major Highway, Public Transit
Area Ascot
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Parking Type Outside/Surface
Listed by RE/MAX REAL ESTATE CENTRE INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN