New Listing
$250,000
( )
 $1,342 est/mo Sourced by Back At You

200 Marycroft Ave W , Vaughan, ON L4L 5X9

Vaughan, ON L4L 5X9

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Description

Discover the dynamic "Lamasu Lounge and Grill," a fully licensed and equipped restaurant strategically situated in a bustling plaza at a high-traffic intersection near Highway 7. This prime location is surrounded by a blend of commercial and residential areas, including several factories that contribute to a steady stream of customers. With ample parking and significant foot traffic, the restaurant is perfectly positioned to capitalize on the growing demand for dining options in the vicinity. Recently renovated, the restaurant offers a turnkey operation with a proven track record of steady sales growth and exciting potential for further expansion. As new condo developments are planned for the area, an influx of residents will further enhance the customer base, making this an opportune time for investment. Currently thriving as a lounge and grill, the versatile space can be adapted for various culinary concepts, subject to existing exclusivities. The restaurant comes with a transferable liquor license, accommodating up to 28 patrons, making it ideal for breakfast, lunch, dinner, private parties, and catering events. Lease terms are favorable at approximately $3,790.84 per month, inclusive of TMI and HST, and extend until 2027, with all agreements contingent upon landlord consent and approval. All chattels and equipment are included, with a detailed inventory available upon acceptance of an offer. This business presents a fantastic opportunity for families and newcomers eager to step into a thriving restaurant environment with solid growth potential. Don't let this exceptional opportunity pass you by. Seize the chance to make your mark in the culinary scene today!

Details

MLS#N9768476
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site5
Listing Provided ByRIGHT AT HOME REALTY | Not Provided

Features

ZoningRetail
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 3 minutes ago
ProvinceON
CountyVaughan
CityVaughan
Postal CodeL4L 5X9
AreaYork
Community NamePine Valley Business Park
Listing VS Median (in Pine Valley Business Park)
Price:
$250,000
low | high
Med:
$0
On Site:
5
low | high
Med:
Sourced by Back At You
Listing Updated: November 4, 2024 at 4:18:46 AM PST