$350,000 FOR SALE

Business for Sale

Restaurant

Lot: 94 x 0 ftTotal Area: 3,509 ft2

50 Queen St W
Brampton, ON L6X 4H3 | Downtown Brampton | Peel

Food Your Passion & Ready To Invest In Opportunity To Own An Upscale Destination Italian Cuisine Restaurant & Wine Bar In Prime Downtown Location! Excellent Reputation For +30 Yrs, 21 At Current Location. Profitable & Fully Licensed, Revenues Increased An Amazing +37% Over Past 2 Years Prior To Covid. Outdoor Patio, Special Events & Loyal Repeat Clientele. Thousands Spent On Updating Equipment & Fixtures. Full List Of Chattels And Financials With Nda.

Extras
Net Rent $3,860 ($13.50/Sf) For 2020, Plus Tmi. Gross Rent $6,550 +Hst. Current Lease To 2025, Plus 5 Year Option To 2030. All Chattels Owned, Except Dishwasher And Security System. Seating For 110, Plus 40 On The Outdoor Patio.

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Listed By JN REALTY, Brokerage
MLS® Listing Number W4862887
Last Updated Sep 24, 2020
Property Summary
Property Type Business For Sale
Use Restaurant
Franchise Non-Franchise
Business/Building Name Fanzorelli's Wine Bar
Category Without Property
Occupancy Own+Ten
Directions/Cross Streets Queen St W & George St
Community Downtown Brampton
Area Peel
Price History
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Detailed Information
Freestanding Y
Lot 94 x 0 ft
Total Area 3,509 ft2
Approximate Age 31-50
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type None
Parking Spaces 1
Days Open 7
Hours Open 40
LLBO Y
Employees 17
Heat Type Gas Forced Air Closd
Financial Statement Y
Outside Storage N
Area Influences Public Transit
Seats 110
Sprinklers Y
Utilities Y
Water Municipal
UFFI No
Lot/Bldg/Unit Code Building
Zoning 402 - Office Building, General Use
Seller Property Info Statement N

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