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In-PersonVirtual Tour
$ 159,000
Est. payment /mo
Price Dropped by $40K
Address not disclosed Toronto E03, ON M4J 2S4
2,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $79
Municipality Toronto E03
Subdivision East York
MLS Listing ID E12644444
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
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.
Location
State ON
County Toronto
Community Toronto E03
Area Toronto
Interior
Heating Yes
Cooling Yes
Others
ParcelsYN No
Virtual Tour https://drive.google.com/file/d/1DS-LGXA3uupJ0V1JQB6QnJqjLFhl1_h1/view?usp=sharing
Listed by HOMELIFE/BAYVIEW REALTY INC.