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$450,000
Available - For Sale
Listing ID: N11921250
This profitable Portuguese fried chicken restaurant in Aurora has been operating successfully for the past 15 years. Spanning 1,080 square feet, it features a seating capacity of 12 and is conveniently located in a high-traffic area with excellent visibility. The restaurant boasts a professional commercial kitchen equipped with a 12-foot hood fan, a walk-in cooler, two washrooms, and an array of other equipment. There is ample parking available with approximately 40 spots. The lease is very favorable, with a monthly rent of $3,450 (including TMI and HST) and a remaining term of 2+5 years. The restaurant generates an average annual revenue of approximately $600,000, resulting in a substantial net profit after all expenses. Operating seven days a week from 11 AM to 7:30 PM, this business has cultivated a loyal customer base. The owner is selling due to their plans to return to their home country. This presents a unique opportunity for a new owner to either expand the business into a franchise or convert it into a different type of restaurant. **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.
Price $450,000
Taxes: $0
Tax Type: Annual
Occupancy by: Tenant
Address: 1 Industrial Pkwy South , Unit 2, Aurora, L4G 3V9, Ontario
Apt/Unit: 2
Postal Code: L4G 3V9
Province/State: Ontario
Legal Description: PT BLK B PL 535 AURORA PT 1 65R9035, EXC
Lot Size: 102 x 220 (Feet)
Directions/Cross Streets: Wellington St & Yonge St
Zoning: C5-3
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1,080
Total Area Code:  Sq Ft
Retail Area: 300
Retail Area Code: Sq Ft
Business/Building Name: The Chicken Place
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11-7:30
Employees #: 4
Seats: 12
LLBO: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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REAL ONE REALTY INC.

1 Industrial Pkwy South , Unit 2, Aurora, L4G 3V9, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Aurora
Neighbourhood: Aurora Grove
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Lot Size: 102.00 x 220.00(Feet)
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