2836 VICTORIA PARK AVENUE, Toronto , M2J4A8
Listing ID: C8223730
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$159,000
Price
1
Baths
800
Sq. Ft.
Listed: 2 months ago
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Property Description

Established Chinese takeout restaurant, situated in a prime location at the intersection of North York and Scarborough near Victoria Park and Finch, has a rich 30-year history, loyal customer base, and a 4.1 Google rating. With approx. 800 sq ft of space including a professional kitchen, 20-ft exhaust fan, walk-in cooler, restroom, and ample parking, the restaurant benefits from high foot traffic in a thriving commercial hub. Operating 7 days a week from 2:00 PM to 10:00 PM (except Fridays from 11:30 AM to 10:00 PM), the restaurant generates monthly sales of around $48,000 with a 30% net profit. Rent is $4,300/month (inclusive of TMI, HST, and water) with 3.8 years remaining on the lease and a 5-year option. Due to owner's relocation, this opportunity offers potential for increased revenue through expanded hours and menu options. Don't miss out on this thriving business opportunity. **** 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. (id:26452)

Other located at 2836 VICTORIA PARK AVENUE. 2836 VICTORIA PARK AVENUE is in the Toronto neighborhood. Toronto , South Etobicoke , and South Field are nearby neighbourhoods.
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Listed by: REAL ONE REALTY INC.

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20% down payment
$557
per month
35% down payment
$453
per month
50% down payment
$348
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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JM
JENNY MIAO
(905) 281-2888

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JM
JENNY MIAO
(905) 281-2888
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment