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$399,900
Available - For Sale
Listing ID: X10441212
Turnkey opportunity to own Mahal Restaurant, a community favorite for Indian and Pakistani cuisine, located in the heart of downtown Hamilton at 527 Upper Sherman Ave. This thriving business features a fully equipped commercial kitchen, including a gas stove, clay oven, fryers, walk-in cooler & freezer, pizza and dough-making machines, and more, ensuring efficient operations. The stylish dining area, combined with takeout and online ordering systems through platforms like Uber Eats and Skip The Dishes, drives steady revenue and loyal customers and strong sales. Known for its exceptional menu and loyal clientele, this standalone business operates free of franchise fees. Included in the sale are all operational assets, branding materials, and offers of transition assistance for a seamless handover, or the option to rebrand as desired. Positioned in a high-visibility downtown location with excellent foot traffic, Mahal serves a diverse clientele and is a cornerstone of the local investors.
Price $399,900
Taxes: $5,773.88
Tax Type: Annual
Occupancy by: Own+Ten
Address: 527 Upper Sherman Ave , Hamilton, L8V 3L9, Ontario
Postal Code: L8V 3L9
Province/State: Ontario
Legal Description: PT LTS 27 & 28, PL 561, As In VM113099,
Lot Size: 18 x 19.58 (Feet)
Directions/Cross Streets: Queensdale Ave E and Upper Sherman Ave
Zoning: C2
Category: Without Property
Use: Restaurant
Total Area: 1,765
Total Area Code:  Sq Ft
Retail Area: 100
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Approximatly Age: 6-15
Business/Building Name: Mahal Restaurant
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 12PM -
Employees #: 8
Seats: 24
LLBO: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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HOMELIFE MAPLE LEAF REALTY LTD.

527 Upper Sherman Ave , Hamilton, L8V 3L9, Ontario

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Eastmount
Style:
Lot Size: 18.00 x 19.58(Feet)
Approximate Age: 6-15
Tax: $5,773.88
Maintenance Fee: $0
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949