Established Chinese takeout restaurant, situated in a prime location at the intersection of North York and Scarborough near Victoria Park and Finch, has a rich 30-year history, loyal customer base, and a 4.1 Google rating. With approx. 800 sq ft of space including a professional kitchen, 20-ft exhaust fan, walk-in cooler, restroom, and ample parking, the restaurant benefits from high foot traffic in a thriving commercial hub. Operating 7 days a week from 2:00 PM to 10:00 PM (except Fridays from 11:30 AM to 10:00 PM), the restaurant generates monthly sales of around $40,000 with a 20% net profit. Rent is $4,300/month (inclusive of TMI, HST, and water) with 3.8 years remaining on the lease and a 5-year option. Due to owner's relocation, this opportunity offers potential for increased revenue through expanded hours and menu options. Don't miss out on this thriving business opportunity.
EXTRAS All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Last updated on : Monday 13th of May 2024 09:47:00 PM
Street : 2836 VICTORIA PARK AVENUE
City : Toronto
Province : Ontario
Country : Canada
Postal Code : M2J4A8
Property ID : C8223730
Property Type : Business
Bathrooms : 1