50 RIDEAU STREET, Ottawa, Ontario

ID#444647 | MLS# 1181656 | Listed at $169,000.00
Real Estate - Ottawa -
Jamie McKenzie
Sales Representative
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Description
SECOND CUP - IN RIDEAU MALL. Second Cup has been a tenant at Rideau Mall for over 3 decades! Perfect opportunity to be your own Boss. Current owner is looking for someone serious to take over this successful business that has 4 years or so left on the current sub-lease. RENEWABLE. Head lease with corporate. Asking price includes all business related equipment. Franchise transfer fee of 20K and Training Fee of 2.5K in addition to. Training to be done locally and at the head office. Financials available to serious inquiries only upon signing the NDA. Buyers to verify all claims stated herein. No direct visits please. (id:25958)
Special Features
  • Fireplace Present: False
  • Business: Restaurant
  • Business Name: SECOND CUP
  • Has Acreage: false
Property Type Commercial
Building Style 2 Storey
Listing Type For Sale

Number of Bedrooms 0.0
Number of Bathrooms 0.0
Seller's Comments

The seller has not posted any comments at this time.

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Mortgage Information
Title: First Time Buyer Program - High Ratio Mortgage
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
0.00%  -  5.09% 25 Years FREE DOWN PAYMENT 5 $1,030 $37,368
10.00%  -  $16,900 2.69% 25 Years 3 Yr Low Payment $713 $27,845
20.00%  -  $33,800 2.69% 25 Years 3 Yr Low Payment $620 $25,062
Title: Self Employed/ Non Qualified Income Premium
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
10.00%  -  $16,900 4.99% 25 Years $889 $33,124
15.00%  -  $25,350 4.25% 25 Years $779 $29,822
20.00%  -  $33,800 3.89% 25 Years $706 $27,639

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