516 Centennial Parkway N 4
Stoney Creek, Hamilton, L8E 0G2
$225,000
Reduced $74,000 from $299,000
Listed 133 days ago · MLS® X13420542
About this home
An excellent opportunity to acquire a well-established Mediterranean restaurant located at 516 Centennial Parkway N, Hamilton in the highly desirable Stoney Creek area. Strategically situated in a busy Smart Centre plaza anchored by major tenants including Walmart, McDonalds, Five Guys, Shoeless Joes, South Indian restaurant, Dollar Store, Healthy planet and other strong retailers, ensuring high foot traffic and excellent visibility . This modern restaurant is only 3 years old, featuring well-maintained equipment and leasehold improvements, and operates as a fully turnkey business. The location enjoys strong and consistent sales along with an impressive 4.5-star Google rating, reflecting its loyal customer base and strong brand presence. Ideal opportunity for owner-operators, family operators, or investors looking to step into an established franchise with growth potential. Attractive price point with significant opportunity to further increase revenue through extended hours, catering, and delivery platforms. Favorable lease terms with 5 years remaining and two renewal options of 4 years each. Low rent of $5,063.50 plus TMI. Do not miss this chance to own a successful Mediterranean restaurant in a high-traffic retail plaza.
Details
- Type
- Sale Of Business
- Lot
- 459.51 × 925.42 ft
- Garage
- Plaza
- Neighbourhood
- Stoney Creek
- Municipality
- Hamilton
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
Building and exterior
- Building area
- 1,599 Square Feet
More
- Possession
- Flexible
- Cross street
- QEW/CENTENNIAL PKWY
- Business type
- Fast Food/Takeout
Listed by RE/MAX REAL ESTATE CENTRE INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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