Well-established and profitable Chinese restaurant located in a mature, high-density residential area of Oakville. Approx. 1,100 sq. ft. with 26 seats. Fully equipped with a professional commercial kitchen, including a 22-ft exhaust hood and walk-in freezer. Ample on-site parking available. Short running hour; Monthly sales approximately $35,000. Rent is $5,580/month (inclusive of TMI & HST). Lease term includes 2 years remaining plus a 5-year renewal option. Owned and operated by the same owner for 10 years, now selling due to family reasons. Stable and loyal customer base in place. Ideal opportunity for a family operator or entrepreneur. Flexible concept-can be converted to other cuisines or restaurant types.
Address
128 Speers Road
List Price
$188,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Oakville
Sub-Area
1013 - OO Old Oakville
Region
Halton
Bathrooms
2
Lot Type
Lot
Lot Size Units
Feet
Parcel Number
248270110
Total Building Area
1100
Occupant Type
Tenant
Cross Street
Speers Rd & Kerr St
MLS® Number
W13003680
Listing Brokerage
RE/MAX ELITE REAL ESTATE
Basement
No
Postal Code
L6K 2E7
Posession Details
TBA
Tax Year
2026
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Plaza
Tax Legal Description
PT LT 16, CON 3 TRAFALGAR, SOUTH OF DUNDAS STREET , AS IN 300759; T/W 281839 ; OAKVILLE/TRAFALGAR
Security Features
Yes
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