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Description
Excellent Opportunity to own a Turnkey Restaurant on Yonge Street! 10123 Yonge Street with prime Yonge Street exposure and High visibility. This Business generates a strong monthly income of approximately $12,000-$15,000, offering great potential for owner-operators or investors. Fully equipped Kitchen with over $190,000 worth of equipment included in the purchase price, allowing for a seamless transition and immediate operation. Surrounded by residential and commercial traffic, Ensuring consistent customer flow. Don't miss this rare opportunity to own a profitable restaurant in a high-demand location! Favorable lease terms: Total 5-year lease with 3 years remain plus a renewal option for an additional plus a renewal option for an additional 5 years. Affordable rent of $4,700/month including TMI, which is a strong asset for long-term stability and negotiable. Liquor license in place and accessible (disability) washroom, adding significant value and convenience for customers. 32 Seats.
Location Description
Yonge/Major Mackenzie
Property Details
- Community: Crosby
- Property Type: Tenant/Commercial
- Garages: None
- Annual Property Taxes : $ 0
Building Features
- Parking Type : None
Building Features
- Heating : Gas Forced Air Open
- Sewer : None ,
Land (Lot Features)
- Frontage: 5.4 sq.ft
- Land Depth: 14.19sq.ft
Listing Contracted With: CENTURY 21 HERITAGE GROUP LTD.