$299,000
Available - For Sale
Listing ID: C10426041


Recently renovated Mexican restaurant & bar located at prime intersection facing busy street and next door to new condo high-rise under construction, surrounded by homes and offices. Same owner since February 2024 with major extensive renovations with new kitchen equipment, walk-in cooler, lighting, flooring, 2 bars, 2 patios, 4 washrooms, 2 kitchens and 2 exhaust hoods. Strong growing sales with excellent menu serving best-tasting Mexican foods and drinks. LLBO for 54 seats indoor + 46 seats patio. Over $500K spent in recent renovations. Lots of potential to grow sales if owner-operated. Could easily be converted to any type of cuisine. Don't miss this one.
Extras:   Sales $60K/Month; Rent $13,000/Month includes TMI & HST. Lease 4 years + 5 + 5. Please be discreet when showing - do not go without appointment. Employee-operated business.
Price $299,000
Taxes: $0.00
Tax Type: N/A
Occupancy by: Owner
Province/State: Ontario
Category: Without Property
Use: Restaurant
Total Area: 2500.00
Total Area Code:  Sq Ft
Retail Area: 1600
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 4pm-11p
Employees #: 10
Seats: 100
LLBO: Y
Sprinklers: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/BAYVIEW REALTY INC.
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Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Church-Yonge Corridor
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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