Turnkey Restaurant for Sale in Greek Town Extensively renovated Indian cuisine restaurant at the prime AAA+ location of Danforth and Logan, right in the midst of Greek Town. Licensed for 124 patrons inside and 12 on the front patio. Features a fully built-out main floor and basement, with all chattels and equipment included. Total space is 1,800 sqft with 4 years remaining on the lease and an option to renew. This well-kept, like-new, and very well-established restaurant experiences heavy daily foot traffic and high take-out volume from both loyal and new customers, including tourists. Conveniently located with easy parking available on multiple nearby streets. Highlights:- Fully equipped kitchen with 11' exhaust hood, full range, walk-in cooler, and more; Significant investment made in kitchen build-out and leasehold improvements; Excellent structural integrity with all mechanical systems in great shape and 3-phase power; Licensed for 124 patrons inside, with an additional 12 on the front patio; Garage-style frontage that opens the dining room to the street; Currently operating as a successful Indian restaurant, but the space is adaptable to various concepts and styles of cuisine; Strong lease in place with a current rent of $10,112 per month, inclusive of TMI and HST; Four years remaining on the lease with options to renew.
PT LT 1 PL 9E TORONTO AS IN CT492289; CITY OF TORO
Occupancy
Vacant
Possession Date
IMMEDIATE
Directions/Cross Streets
Danforth/Logan
Neighbourhood
North Riverdale
Area
Toronto
Price History
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Detailed Information
Freestanding
N
Lot
20 x 110 ft
Total Area
1,800 ft2
Elevator
None
Air Conditioning
Y
Basement
Y
Chattels
Y
Garage Type
None
Days Open
7
Hours Open
12
LLBO
Y
Employees
3
Heat Type
Gas Forced Air Closd
Financial Statement
N
Seats
136
Sprinklers
Y
Sewers
Sanitary
Utilities
A
Water
Municipal
Rail
N
Lot/Bldg/Unit Code
Unit
Zoning
Commercial
Seller Property Info Statement
N
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