Attention Savvy Investors and Restaurant Entrepreneurs!
This established Chinese takeout boasts a loyal clientele cultivated over 30 years, reflected in its impressive 4.1 Google rating. Nestled within a bustling community hub with high foot traffic, the restaurant thrives in a welcoming neighborhood atmosphere.
Key Highlights:
• Prime Location: Situated at the intersection of North York and Scarborough, conveniently close to Victoria Park and Finch.
• Proven Success: 30 years of established business with a loyal customer base.
• Turnkey Operation: Spacious 800 sq ft with a professional kitchen, ample parking, and a versatile layout for easy adaptation to various cuisines.
• Solid Financials: Generates approximately $40,000 in monthly sales with a healthy 20% net profit margin.
• Favorable Lease: Current rent of $4,300/month (including TMI, HST, and water) with 3.8 years remaining and a 5-year renewal option.
• Growth Potential: Limited operating hours present significant opportunity for increased revenue.
Own Your Piece of the Takeout Market:
This is a unique opportunity to acquire a well-established business with a proven track record and immense potential for growth. The owner's relocation necessitates the sale, opening the door for a new owner to capitalize on this thriving operation.
Don't miss out! This prime location and loyal customer base offer a launchpad for your takeout success story.
When you call please mention you found this ad listing on OKz.ca