2836 Victoria Park Avenue Toronto, Ontario - MLS#: C8223730
$138,000
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:51158)
MLS: C8223730 For sale : 2836 VICTORIA PARK AVE 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:51158)
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Business
| Business Type | Restaurant |
| Business Sub Type | Sub shop |
Property Details
| MLS® Number | C8223730 |
| Property Type | Business |
| Community Name | Pleasant View |
| Amenities Near By | Highway, Public Transit |
About 2836 Victoria Park Avenue, Toronto, Ontario
Building
| Bathroom Total | 1 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 800 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Irregular | Unit=20 X 40 Ft |
| Size Total Text | Unit=20 X 40 Ft |
https://www.realtor.ca/real-estate/26736326/2836-victoria-park-avenue-toronto-pleasant-view
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May 14 2024 01:47:00
Toronto Real Estate Board
Real One Realty Inc.