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Stonegate-Queensway, Toronto W07, ON M8X 1X9
$165,000
This is a renowned restaurant with a strong base of loyal customers, located in an affluent neighborhood with a long-standing history. The current owner is retiring after over 30 years of continuous and successful operation.Situated in a high-growth area with significant future redevelopment potential, this business presents an exceptional opportunity for the right operator.The current lease has approximately 2 years remaining. The landlord is open to working with a qualified buyer on a new lease, offering the potential for a long-term arrangement including a 5-year term with a 5-year renewal option, subject to landlord approval.The sale includes all business assets, equipment, chattels, goodwill, and leasehold interest (subject to landlord approval).The space is well-suited for a variety of concepts, including Japanese cuisine, fusion, or other dining formats.
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.