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G1 - 1390 PRINCE OF WALES DRIVE

Ottawa, Ontario, K2C3N2

$136,000
For Sale · Business · MLS® X13689862
Business
Type

About this property

[Thai Coconut] Prime opportunity to acquire a well-established Thai restaurant with over 20 years of history in a highly visible and convenient location on Prince of Wales Drive. This turnkey business has built a loyal and established customer base over the years and is primarily focused on takeout, offering an established business model with consistent customer demand.The sale includes the existing kitchen equipment, dining tables and chairs, allowing the new owner to take over the operation with minimal additional setup. The current owner is also willing to provide training and transition support to help ensure a smooth handover and seamless continuation of the business after closing.The business benefits from approximately 5 years remaining on the current lease, with all-inclusive rent covering water, electricity and property taxes. The owner is responsible for gas, which typically ranges from approximately $200-$300 per month depending on the season.The lease includes two underground parking spaces, with additional underground parking available at only $50 per space per month. The building is professionally managed, with responsive property management that addresses maintenance and building-related matters efficiently. The landlord is also very cooperative, providing a supportive environment for the continued operation of the business. (id:66947)

Property details

Property

Property Type
Business
Property Subtype
Business
Business Type
Restaurant

Interior

Heating
Other
Cooling
Fully air conditioned

Exterior

Parking
Underground

Utilities

Water
Municipal water

Location

City
Ottawa
Postal Code
K2C3N2

Location

Mortgage calculator
Estimated monthly
$623

Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.

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