Turnkey Restaurant For Sale In Toronto

Not on MLS®

$229,000

Sale of Business in Toronto, ON

Listing Details

Description

Exceptional Opportunity To Take Over A Fully Operational, Professionally Built-Out Restaurant In A Prime Corner Location On Busy Yonge Street, Showcasing Unmatched Exposure And Signage On Three Sides. Offering ~1,300 Sqft Of Stylish Main Floor Space Plus A Fully Finished ~1,300 Sqft Basement- Perfect For Prep, Storage, Or Additional Operations. **LLBO Licensed For 52 Indoor Seats With A Beautiful Patio, This Restaurant Is Situated In An Affluent Neighborhood With An Average Household Income Of $250K+. The Kitchen Is Fully Outfitted With A Commercial Hood, 6-Ft Charcoal Pit, **Custom Wood-Burning Oven, And Walk-In Fridge- All Ready For Immediate Service. Two Modern Washrooms, Quality Furniture, And Impeccable Fixtures Are Included. Strategically Located Next To A Major Grocery Store With Ample Customer Parking- A Rare Benefit On Yonge. Whether You Keep The Current Concept Or Launch A New Brand, Cuisine, Or Franchise, This High-Visibility Location Has Everything You Need To Succeed. Solid Lease In Place Until August 2028 With An Option To Extend For An Additional 5 Years. Please See Schedule C For List of Chattels. Current lease is approximately $12,000 + HST. A new lease with a lower rate may be negotiated with the landlord for qualified buyers. This is a perfect opportunity for someone looking to step into a turnkey operation with great potential. 𝐒𝐞𝐫𝐢𝐨𝐮𝐬 𝐢𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 𝐨𝐧𝐥𝐲. 𝐐𝐮𝐚𝐥𝐢𝐟𝐢𝐞𝐝 𝐛𝐮𝐲𝐞𝐫𝐬, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐃𝐌 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧. Don't miss out on this incredible chance to own a restaurant in one of the most sought-after locations!

Location & nearby

This listing is located in Toronto, ON

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