The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Turnkey Franchise Ramen Restaurant For Sale - Upper James Street, Hamilton Opportunity to acquire an established, turnkey ramen restaurantfranchise business on a high- traffic commercial stretch of Upper James Street, Hamilton. Real property is not included. Proudly Canadian,Authentically Japanese ,As a Canadian brand, take pride in serving authentic Japanese ramen. Blend the best of both cultures to bring a genuineramen experience. Established franchise operation with brand recognition and existing customer base, Fully equipped commercial kitchen withall equipment and chattels included in sale (full equipment list available upon request) Approx. 2,400 sq. ft. of leased commercial space, seatingcapacity for approx. 80 guests Prime, high-visibility location on a busy commercial corridor with strong local foot traffic, Established operatinghistory with loyal repeat clientele and steady takeout/delivery business, Gross annual sales approx. $1.45 million (source: seller-providedfinancials; not independently verified - buyers should conduct their own due diligence), Lease details available upon request/NDA, Sale isconditional upon franchisor's written approval; final sale subject to franchise transfer/assignment approval. Notes for buyers: All figures relatingto sales, lease terms, and square footage are approximate and should be independently verified by the buyer. Financial statements provided toqualified buyers upon execution of a Non-Disclosure Agreement and confirmation of financial capability. . Sale is subject to franchisor approvalof the buyer, and completion of any required franchise transfer process prior to closing. Buyer to independently verify franchise terms, territoryrights, and any ongoing royalty/marketing fee obligations with franchisor. Do not approach staff or ownership directly. All showings and inquiriesmust be arranged through the listing brokerage.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,363/mo
Mortgage (principal + interest)$3,363
Minimum $64,900 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$179,800
Ontario land transfer taxProvincial brackets, no first-time refund$14,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$197,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
