$140,000
Available - For Sale
Listing ID: N12796306
126 Victoria Street West , New Tecumseth, L9R 1L7, Simcoe


An exceptional opportunity to acquire a well-established independent family restaurant in the vibrant core of Alliston. This is not a franchise, offering complete flexibility to continue the current concept or convert to any cuisine of your choice.The business benefits from a strong base of loyal take-out customers while also offering a full dine-in experience - currently the only Asian restaurant in town with a dining area, giving it a unique market position. Situated in a stand-alone building, the property features approximately 75 indoor seats plus a patio accommodating around 50 guests, ideal for seasonal expansion. Ample parking is available at the rear of the building as well as convenient street parking. Previously licensed with LLBO for up to 170 seats (75 indoor + 95 patio), providing strong potential for alcohol service reinstatement and revenue growth.
Price $140,000
Taxes: $0.00
Tax Type: N/A
Occupancy: Owner
Address: 126 Victoria Street West , New Tecumseth, L9R 1L7, Simcoe
Postal Code: L9R 1L7
Province/State: Simcoe
Directions/Cross Streets: King St N/Victoria St W
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: Restaurant
Building Percentage: T
Total Area: 2100.00
Total Area Code:  Square Feet
Retail Area Code: %
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 12
Employees #: 3
Seats: 120
Washrooms: 0
Outside Storage: F
Crane: F
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
Sewers: Sanitary
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Percent Down:
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.
REAL ONE REALTY INC.
Personal Picture
Irfan Bajwa
Broker, ABR, SRS, CNE
Dir:
416-832-9090
Bus:
905-858-0000
Fax:
905-452-7646
 
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At a Glance:
Type: Com - Sale Of Business
Area: Simcoe
Municipality: New Tecumseth
Neighbourhood: Alliston
Style:
Lot Size: x 132.08(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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