Established restaurant for sale in Scarborough

Description
$149000

This well-loved Hong Kong-style restaurant has been serving up deliciousness to the community for over 20 years and boasts a loyal following.
Prime Location & Great Setup:
High-traffic corner on Sheppard Ave. & Midland Ave. in a plaza with lots of parking.
1,100 sq. ft. on the main floor with 46 seats, 2 washrooms, and basement storage.
Fully equipped commercial kitchen featuring a 20 ft. exhaust fan and 2 walk-in fridges, perfect for dine-in, takeout, and delivery.
Strong Business & Growth Potential:
Currently open 7 days a week for breakfast and lunch, bringing in approximately $50,000 in monthly sales with good profits.
Steady customer base from nearby established neighbourhoods and businesses.
Opportunity to expand dinner service and increase revenue.
Lease & Opportunity:
Monthly rent of $5,917 (including TMI & HST) with a remaining lease term of 3.5 years 5 year renewal option.
Fantastic chance to own a successful business in a prime Scarborough location.
Rebrand the restaurant to offer a different cuisine if desired.
Don't miss out on this established and profitable venture!
Contact us today for more information.
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:Jenny Miao
Address:Scarborough, ON M1S 2C1
City:City of Toronto
Phone:647-818-XXXX (Show)
Asking Price:$149000

Other Information

For Rent By:Owner
Furnished:Yes

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Jenny Miao

On OKz since February, 2018

647-818-XXXX


Posted on: 25/06/2024 @ 04:56 am

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