$499,900 FOR SALE

Franchise Business for Sale

Bar/Tavern/Pub

Total Area: 6,150 ft2

8360 Kennedy Rd #B06A
Markham, ON L3R 5X7 | Unionville | York

Opportunity to Acquire a Prominent Karaoke Lounge in the GTA: Tengo KTV, a renowned entertainment venue, is now available for purchase. Strategically situated in a bustling plaza, this business benefits from high foot traffic and ample parking. The lounge boasts a recently upgraded, state-of-the-art karaoke system and features a modern interior with 17 private rooms, including three exclusive VIP rooms equipped with their own restrooms. The establishment offers a full-service experience with food, drinks, and karaoke, and the sale encompasses all premium equipment as well as an LLBO license.

Extras
All Existing Business Running Related Equipments, Franchise & L.L.B.O.

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Listed By RE/MAX EXCEL REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N8180838
Last Updated Mar 28, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Bar/Tavern/Pub
Franchise Franchise
Category Without Property
Minimum Rental Term 12
Maximum Rental Term 50
Occupancy Tenant
Possession Date TBA
Directions/Cross Streets Kenndy Rd / Hwy 7
Neighbourhood Unionville
Area York
Price History
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Detailed Information
Freestanding N
Retail Area 6,150 ft2
Total Area 6,150 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open 7
Hours Open 12
LLBO Y
Employees 8
Heat Type Gas Forced Air Open
Financial Statement N
Seats 150
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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