Price: $259,000

3452 Kingston Road, Toronto E08, ON M1M 3S6

Situated in the vibrant Scarborough Village area, 3452 Kingston Road presents an exceptional opportunity to own a restaurant in a bustling plaza with outstanding exposure. Spanning approximately 1,700 sq. ft., the space features a bright dining area with seating for 30, plus a seasonal patio. It is fully wheelchair accessible and includes two washrooms and ample parking - 10 spaces in front and additional spots at the back.The kitchen is well equipped with a 21-foot commercial hood and makeup air system (installed in 2019), two tandoor ovens, and generous storage space, providing an efficient and practical setup. Ideal for an owner-operator seeking a profitable turnkey business, this restaurant offers a gross rent of only $5,000 per month (inclusive of TMI) and a secure 5 + 5-year lease term. With no restrictions on use, it's suitable for various cuisines, restaurant concepts, or franchise conversions.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1700 Square Feet

List Price

$259,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Toronto E08, ON

Status

Active

Franchise

No

Last Updated

Similar Listings for SaleView all listings

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.

Map View

Some information about this property -

Agent

Book a Showing

Check Out this business!

I agree to receive marketing and customer service calls and text messages from Bizmonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe.