Sean Kim
Broker
$250,000
Available - For Sale
Listing ID: N9768476
200 Marycroft Ave West , Unit 13, Vaughan, L4L 5X9, Ontario
| Discover the dynamic "Lamasu Lounge and Grill," a fully licensed and equipped restaurant strategically situated in a bustling plaza at a high-traffic intersection near Highway 7. This prime location is surrounded by a blend of commercial and residential areas, including several factories that contribute to a steady stream of customers. With ample parking and significant foot traffic, the restaurant is perfectly positioned to capitalize on the growing demand for dining options in the vicinity. Recently renovated, the restaurant offers a turnkey operation with a proven track record of steady sales growth and exciting potential for further expansion. As new condo developments are planned for the area, an influx of residents will further enhance the customer base, making this an opportune time for investment. Currently thriving as a lounge and grill, the versatile space can be adapted for various culinary concepts, subject to existing exclusivities. The restaurant comes with a transferable liquor license, accommodating up to 28 patrons, making it ideal for breakfast, lunch, dinner, private parties, and catering events. Lease terms are favorable at approximately $3,790.84 per month, inclusive of TMI and HST, and extend until 2027, with all agreements contingent upon landlord consent and approval. All chattels and equipment are included, with a detailed inventory available upon acceptance of an offer. This business presents a fantastic opportunity for families and newcomers eager to step into a thriving restaurant environment with solid growth potential. Don't let this exceptional opportunity pass you by. Seize the chance to make your mark in the culinary scene today! |
| Extras: All chairs and tables, three TVs, a surveillance system with cameras, a POS unit, and all lighting and fixtures, Glassware and more. |
| Price | $250,000 |
| Taxes: | $6793.91 |
| Tax Type: | T.M.I. |
| Occupancy by: | Owner |
| Address: | 200 Marycroft Ave West , Unit 13, Vaughan, L4L 5X9, Ontario |
| Apt/Unit: | 13 |
| Postal Code: | L4L 5X9 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Hwy 7 & Pine Valley Dr. |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | N |
| Total Area: | 1500.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 1500 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 12-11 |
| Employees #: | 3 |
| Seats: | 28 |
| LLBO: | Y |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RIGHT AT HOME REALTY |
|
|
Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | York |
| Municipality: | Vaughan |
| Neighbourhood: | Pine Valley Business Park |
| Tax: | $6,793.91 |
Locatin Map:
Payment Calculator:
