$349,900
Available - For Sale
Listing ID: X12787028
516 Centennial Parkway , Hamilton, L8E 0G2, Hamilton
| Exceptional opportunity to acquire a fully built-out and well-established Southeast Asian restaurant in the heart of Hamilton's vibrant Stoney Creek community. Saigon House Restaurant is known for its authentic Vietnamese and Thai cuisine, strong local reputation, and loyal customer base. This is a true turnkey operation ideal for owner-operators or experienced restaurateurs looking to step into a fully equipped space with long-term lease security.The premises offer approximately 1,800 sq. ft. of functional and efficient layout designed for high-volume service. The commercial kitchen is extensively equipped with a range featuring 2 large and 7 mid-size burners, 2 wok stations, 2 deep fryers, grill/charbroiler, 4 rice cookers/steamers, 2 stock pots/soup kettles, commercial mixer and slicer, prep stations, and food warming/holding equipment. Refrigeration includes 1 reach-in fridge, 2 reach-in freezers, and a walk-in chiller. Additional features include a commercial dishwasher, stainless steel shelving, sinks and hand-washing stations, and a 19 ft commercial hood with fire suppression system.Strong lease in place: 10-year term with approximately 9.5 years remaining. Well-maintained space with established branding and operational infrastructure already in place. Suitable for continuing the existing concept or converting to another cuisine (subject to landlord approval). Excellent opportunity to acquire a ready-to-operate restaurant without the cost and time of new construction.Serious inquiries only. Financial statements and additional details available upon execution of a confidentiality agreement. |
| Price | $349,900 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Owner |
| Address: | 516 Centennial Parkway , Hamilton, L8E 0G2, Hamilton |
| Postal Code: | L8E 0G2 |
| Province/State: | Hamilton |
| Directions/Cross Streets: | Qew/Centennial Pkwy |
| 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: | Fast Food/Takeout |
| Building Percentage: | F |
| Total Area: | 1950.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Saigon House |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 10:00am |
| Employees #: | 2 |
| Seats: | 46 |
| Sprinklers: | Yes |
| Washrooms: | 2 |
| Rail: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| EXECUTIVE REAL ESTATE SERVICES LTD. |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Stoney Creek |
| Baths: | 2 |
| Fireplace: | N |
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