Price: $239,000

#1 - 1450 Kingston Road, Pickering, ON L1V 1C1

Rare Opportunity to Own a Well-Established Mediterranean Restaurant in Pickering! Located at a prime, high-traffic intersection in the heart of Pickering, this iconic Mediterranean restaurant has been proudly serving the community for over 30 years. With a solid reputation, loyal customer base, and excellent visibility, this is truly a turn-key business ready for its next owner to take it to the next level. The restaurant offers a spacious dining area with a warm and welcoming atmosphere, perfect for family dining, private events, or corporate functions. One of its standout features is the massive outdoor patio a rare find in this area ideal for summer dining, live entertainment, or hosting special events. Sitting on a generous lot, the space provides countless opportunities for growth. Theres even the potential to operate 24 hours, catering to late-night crowds and expanding revenue streams. Located in one of Pickering's busiest and fastest-growing areas, surrounded by residential neighborhoods, businesses, and constant traffic flow, this location is hard to beat.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

151147 Square Feet

List Price

$239,000

Gross Income

N/A

Annual Taxes

$8,647

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Pickering, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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