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East York, Toronto E03, ON M4J 2S4
$199,000
Excellent opportunity to purchase an established, free-standing restaurant located on a prime intersection in East York. Fully-equipped restaurant with L.L.B.O. for 48 seats + 46 seat enclosed patio, complete grill kitchen with 3 exhaust hoods all built to code (1-20 ft, 1-6ft, & 1 5 ft hood), steam tables, counter fridges, 2 walk-in coolers, 1 walk-in freezer, glass washer, & dishwasher. All equipment owned. Includes separate BBQ cooking room for large rotisserie spit for grilling all kinds of meats. 13 parking spaces for customers. Lease 3 years + 5 + 5 + 5 years options to renew. Rent $15,100/Month includes T.M.I. & H.S.T. Note: Staff willing to stay. Brand name and goodwill NOT included. If buyer wants brand name, then price is $1.4M and includes catering unit next door for storage & prep, food truck, & delivery van - mostly take-out & catering business. Please do not talk to staff/customers - please visit with appointment only.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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.
Property Type
Sale Of Business
Garage
Outside/Surface
Heating
Gas Forced Air Open
Cooling
Yes
Possession
Flexible