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• 3290 Midland Ave #10, Toronto, ON M1V 4W9

$150,000 ^{FOR SALE}

Business for Sale

Restaurant

Total Area: 1,129 ft²

3290 Midland Ave #10
Toronto, ON M1V 4W9 | Milliken

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Well Located At Scarborough Village Mall Adjacent To Skycity Shopping Centre Surrounding With Variety of Retails, Restaurants, Industrial Businesses and Professional Offices. . Sales Price Includes Renovation And All Trade And Kitchen Equipment. If Buyer Wants To Operate The Same Existing Business, the Brand Name "Snow Time - Korean Dessert Cafe" Which Has Been Operating Profitably In The Last 7 Years With A Lot Of Clienteles Can Be Included In The Purchase Price, Existing Cafe Owner Can Provide Training For All Products. A Turn Key Opportunity With Great Potential For A Full-Time Owner/Operator.

Extras

Buyer To Assume Existing Lease Which Will Be Expired On July 31,2026 Plus An Option For Another 5 Years. Current Monthly Gross Rent Is $8,019 (Hst Inclusive)

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Listed By	VISAR REALTY INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	E6033540
Last Updated	Oct 27, 2023

Property Summary

Property Type	Business For Sale More like this: Toronto Business For Sale
Use	Restaurant
Franchise	Non-Franchise
Business/Building Name	Snow Time Korean Dessert Cafe
Category	Without Property
Occupancy	Tenant
Possession Date	Tba
Directions/Cross Streets	N. Of Finch / W. Of Midland
Neighbourhood	Milliken
Area	Toronto

Price History

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Detailed Information

Freestanding	N
Retail Area	1,129 ft2
Total Area	1,129 ft2
Air Conditioning	Y
Basement	N
Chattels	Y
Garage Type	Plaza
Days Open	7
Hours Open	11-11
LLBO	N
Employees	2
Heat Type	Gas Forced Air Open
Financial Statement	N
Gross Income/Sales	$305,000
Net Income Before Debt	$101,000
Operating Expenses	$137,000
Year Expenses	$2,022
Expenses Actual/Estimated	Est
Area Influences	Public Transit
Seats	30
Water	Municipal
Lot/Bldg/Unit Code	Unit
Zoning	Commercial
Seller Property Info Statement	N

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