Price: $195,000

1387 Lawrence Avenue, Toronto, ON M6M 2V8

Substantial sales recorded in 6 digits in 2024. Licenced for 112+90 seats, 4+5 years lease term. owner is retiring. For a restaurant the location is everything! Choosing the right location is absolutely critical. You can offer a great food but if you have no foot traffic to sell it to, business is not going anywhere! Flame Bar and Grill at a busy intersection of Keele and Lawrence offers it all! Large interior floor size, ample storage space, large plaza location with major anchor tenants such as LCBO, Tim Hortons, Metro, Walmart, Dollarama, Penguin Pick-up, etc. Enormous amounts of customers dailt, walk-ins, drive by's and huge exposure for your business. Alone the location worth an attention for a business owner! Majority of chattels owned and included, many improvements to the business completed, 10k in security cameras installed, additional large tvs for sports events, large clientele base. Opportunity for further growth and to diversify your food offerings. Good working hours. Established for close to 30 years and successfully run here. Seperate streams of income with quick-service and full sit down eat in areas, separate liquor bar/lounge area for your evening parties, events and entertainment. All in one place. Approx 2460 sqft of main floor area, plus fully finished lower floor area, lots of parking at the plaza, your guests will never be jammed here. If you are in the market, sure you have seen places, but not many worth the attention. This one must be seen to appreciate the current and further potential! seller is willing to offer training to a new owner. Transferable liquor license. **EXTRAS** All equipment is owned except 2 pos terminals, operating name is included, turn key operations. See it now!


Property Overview

Property type

Commercial - Sale Of Business

Building Area

2463 Square Feet

List Price

$195,000

Gross Income

N/A

Annual Taxes

$5,600

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Toronto W04, 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

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

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