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$749,000
Available - For Sale
Listing ID: C9253519
Profitable and high performing restaurant on Avenue Road in North York available! Old Avenue Restaurant specializes in southern Caucasus cuisine and it has been a big hit since opening in 2022. The sales are impressive and the profit margins are even better. Full training to be provided to a qualified buyer.1,700 sq ft layout that is easy to staff and manage for a owner, and this business is run hands-off meaning that the owner does not work there. Please do not go direct or speak to staff or ownership.
Extras:   Great lease rate of $7,230 Gross Rent including TMI with 3 + 5 + 5 years remaining. Liquor license capacity of 28 inside and 12 on the covered patio with bring your own wine. 1 walk-in fridge and a 9 ft commercial hood in the kitchen.
Price $749,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 1923C Avenue Rd , Toronto, M5M 4A2, Ontario
Postal Code: M5M 4A2
Province/State: Ontario
Legal Description: Lot 69, Plan 2529 ; PT Lot 70, Plan 2529
Lot Size: 20.21 x 125.16 (Feet)
Directions/Cross Streets: Avenue Rd & Brooke Ave
Zoning: Business Commerc
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1,700
Total Area Code:  Sq Ft
Retail Area: 1700
Retail Area Code: Sq Ft
Business/Building Name: Old Avenue Restaurant
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11-10
Employees #: 6
Seats: 40
LLBO: Y
Sprinklers: Y
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 200
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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ROYAL LEPAGE SIGNATURE REALTY

1923C Avenue Rd , Toronto, M5M 4A2, Ontario


 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Bedford Park-Nortown
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Lot Size: 20.21 x 125.16(Feet)
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