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SaleSale Of Business

200 Marycroft Avenue E

Vaughan, ON L4L 5X9

Price

$199,000

Building Size

1,500 sq ft

MLS# N13529236 | Listed by HOMELIFE KINGSVIEW REAL ESTATE INC.

Business Details

Business Type

Restaurant

Property Use

Without Property

Hours / Days

Open 7 Days

Franchise

No

Commercial Space & Financials

Retail Area

1,500 sq ft

TMI

$1.86/SF

Property Description

This fully licensed and equipped "Lamasu Lounge and grill" restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity!

Price & Status History

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Location

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200 Marycroft Avenue E, Vaughan L4L 5X9

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Listing Courtesy of: HOMELIFE KINGSVIEW REAL ESTATE INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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