






Sales Representative
Price
$649,000
Bedrooms
Not listed
Bathrooms
2 Baths
Size
1500 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
Not listed
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.
Access detailed sale and tax history information
Total Monthly Payment
$2,332 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$519,200
Total Interest Payments
$320,119
Total Payment (Principal + Interest)
$839,319
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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