441 King Street E, Cobourg, ON K9A 1M5

$179,000

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Property Description

Well-established Chinese takeout restaurant. Successfully operated by the current owner for 6 years with a loyal customer base and consistent weekly sales of approximately $8,500-$10,000.Approximately 1,500 sq. ft. with monthly rent of $4,934.59, including TMI and HST. Lease expires October 21, 2029, with an additional 5-year renewal option.Open only 6 days per week. The business generates attractive owner income after operating expenses. Potential to convert to other restaurant concepts, subject to required approvals.Owner is selling due to health reasons. Excellent opportunity for an owner-operator or family-run business.

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