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MLS® E8405142

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees 
Taxes $1,000
Approx. Age 
MLS® Number E8405142

Property Address: 1734 Lawrence Ave E, Scarborough, ON, M1R2Y1

Average square foot calculated using Size range provided by listing agent.

Description

This profitable Indian Hakka Chinese restaurant, operating for 5 years, is situated at the corner of Lawrence Ave and Victoria Park Ave in Scarborough. It boasts approximately 1, 300 sq ft of space, accommodating 30 seats, 2 washrooms, and a basement. The professional commercial kitchen features ample prep space, a 20-foot exhaust fan, 2 walk-in coolers, and other professional equipment. The plaza offers approximately 40 parking spaces. The monthly rent is approximately $6, 800 (including TMI and HST). The buyer will sign a new 5 year lease. The business operates 7 days a week, with hours of Monday to Saturday: 11 AM - 10 PM, and Sunday: 12 PM - 10 PM. Annual sales are approximately $500, 000, with a substantial net profit. The business is well-established in the community and has a loyal customer base, ensuring consistent business. Due to the owner's decision to pursue other ventures, this lucrative restaurant is reluctantly being offered for sale. This restaurant can be converted into any other cuisines.Show Description
MLS® NumberE8405142
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1734 Lawrence Ave E, Scarborough, ON

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