$649,000
Available - For Sale
Listing ID: N13572614
56 Davis Drive , Newmarket, L3Y 2M7, York


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.
Price $649,000
Taxes: $0.00
Tax Type: TMI
Occupancy: Owner
Address: 56 Davis Drive , Newmarket, L3Y 2M7, York
Postal Code: L3Y 2M7
Province/State: York
Legal Description: PT LT 95CON1 WHITCHURCH,PTS2, 3,7-16 INC
Directions/Cross Streets: Davis Dr & Yonge St.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 1500.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: T
Days Open: O
Hours Open: 11am-2a
Employees #: 2
Seats: 10
Sprinklers: No
Washrooms: 2
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Newmarket
Neighbourhood: Central Newmarket
Style:
Lot Size: x 76.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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