Established Chinese takeout restaurant, situated in a prime location at the intersection of North York and Scarborough near Victoria Park and Finch, has a rich 30-year history, loyal customer base, and a 4.1 Google rating. With approx. 800 sq ft of space including a professional kitchen, 20-ft exhaust fan, walk-in cooler, restroom, and ample parking, the restaurant benefits from high foot traffic in a thriving commercial hub. Operating 7 days a week from 2:00 PM to 10:00 PM (except Fridays from 11:30 AM to 10:00 PM), the restaurant generates monthly sales of around $40,000 with a 20% net profit. Rent is $4,300/month (inclusive of TMI, HST, and water) with 3.8 years remaining on the lease and a 5-year option. Due to owner's relocation, this opportunity offers potential for increased revenue through expanded hours and menu options. Don't miss out on this thriving business opportunity. **** 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:47423)
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Detailed Information
Bathrooms
1
Total Area
800 ft2
Amenities Nearby
Highway, Public Transit
Listing Contract Date
2024-04-11
Property Type
Business
Transaction Type
For sale
Business
Business Type
Restaurant
Business Subtype
Fast foods
Building
Cooling Type
Fully air conditioned
Utility Water
Municipal water
Land
Total Size
Unit=20 x 40 FT
Amenities
Highway, Public Transit
Size of Irregular Land
Unit=20 x 40 FT
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