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3 Restaurants For Sale - Yonge/lawrence & Mt Pleasant/davisville

Not on MLS®

Unpriced

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Updated Aug 10, 2022
3 restaurants for sale - Yonge/Lawrence & Mt Pleasant/Davisville

Listing Details

Co-op commission:

Subtype: Storefront Retail/Residential

Business Type: Miscellaneous Restaurant and Bar

Year established: 2009

Real estate: Leased

Financial Details

Rent: $6,800

Gross revenue: $600,000

About the Business

Reason for selling:

Owner retiring

Description

-3401 Yonge Street, excellent street exposure w LCBO/Shoppers Drug Mart across the street, fully licensed -1200SF, 44 seats indoor, 40 seats outdoor, 2 parking spots in back -In operation since 2009 as a breakfast/lunch diner, strong clientele. -Sales of $600K per annum pre pandemic, with tremendous potential to increase sales & profits with longer hours -Current lease has 3 yrs remaining with 5 yr option (excellent landlord) -Lease payment is $6800/month that includes a 2BR apartment upstairs that can generate $2400/month. Therefore, $4400/month for the restaurant alone.

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Location & nearby

This listing is located in Toronto, ON M4N2M8

Unit #3401 Yonge St, Toronto, ON, Canada

Agent Info.

Julian Gova

REALTOR®

Julian Gova

REALTOR®

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