Address
G6-7 - 8 GLEN WATFORD DRIVE, Toronto, ON
Price
$ 149,000
Property Attributes
  • ID#E8474098
  • TypeBusiness Op
  • CityToronto
  • NeighbourhoodAgincourt South-Malvern West
  • Postal CodeM1S 2C1
  • StyleRestaurant/pub
  • Price$ 149,000
  • Bedrooms0
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1100
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Established Hong Kong-style restaurant available in Scarborough! This well-known community favourite has been around for over 20 years and boasts a loyal customer base. Located at a high-traffic corner on Sheppard Ave and Midland Ave, the restaurant occupies a prime spot within a plaza with ample parking. This 1,100 sq ft space on the main floor features 46 seats, 2 washrooms, and basement storage. The fully equipped commercial kitchen includes a 20 ft exhaust fan and 2 walk-in fridges, perfect for supporting dine-in, takeout, and delivery services. Currently open 7 days a week from 7AM to 4PM, the restaurant generates approximately $50,000 in monthly sales and enjoys significant profits. The surrounding mature neighbourhoods and businesses create a steady breakfast and lunch rush, with the potential for significant growth by expanding dinner service. The monthly rent is $5,917 (including TMI & HST) and lease has 3.5 + 5 years remaining. This is a fantastic opportunity to own a well-established and profitable business in a prime Scarborough location. This restaurant can be rebranded to offer a different cuisine if desired. **** 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. (id:7434)

General Features

Property Type Business
CommunityName Agincourt South-Malvern West
Building Cooling Type Fully air conditioned
Business Type Restaurant
Business Sub Type Restaurant/pub

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in M1S 2C1

Price
AVG $110K
$150K
Visits
AVG 136
2
Data Provided by Inside Real Estate®