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$150,000
Available - For Sale
Listing ID: E6033540
Well Located At Scarborough Village Mall Adjacent To Skycity Shopping Centre Surrounding With Variety of Retails, Restaurants, Industrial Businesses and Professional Offices. . Sales Price Includes Renovation And All Trade And Kitchen Equipment. If Buyer Wants To Operate The Same Existing Business, the Brand Name "Snow Time - Korean Dessert Cafe" Which Has Been Operating Profitably In The Last 7 Years With A Lot Of Clienteles Can Be Included In The Purchase Price, Existing Cafe Owner Can Provide Training For All Products. A Turn Key Opportunity With Great Potential For A Full-Time Owner/Operator.
Extras:   Buyer To Assume Existing Lease Which Will Be Expired On July 31,2026 Plus An Option For Another 5 Years. Current Monthly Gross Rent Is $8,019 (Hst Inclusive)
Price $150,000
Taxes: $0
Tax Type: Annual
Occupancy by: Tenant
Address: 3290 Midland Ave , Unit 10, Toronto, M1V 4W9, Ontario
Apt/Unit: 10
Postal Code: M1V 4W9
Province/State: Ontario
Directions/Cross Streets: N. Of Finch / W. Of Midland
Zoning: Commercial
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1,129
Total Area Code:  Sq Ft
Retail Area: 1129
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Business/Building Name: Snow Time Korean Dessert Cafe
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11-11
Employees #: 2
Seats: 30
LLBO: N
Gross Income/Sales: $305000
Operating Expenses: $137000
Net Income Before Debt: $101000
Year Expenses: 2022
Expenses Actual/Estimated: $Est
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
VISAR REALTY INC.

3290 Midland Ave , Unit 10, Toronto, M1V 4W9, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Milliken
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Lot Size: 0.00 x 0.00(Feet)
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Tax: $0
Maintenance Fee: $0
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