$749,000
Available - For Sale
Listing ID: C9253519
1923C Avenue Rd , Toronto, M5M 4A2, Ontario
| 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: | $0.00 |
| 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 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | N |
| Total Area: | 1700.00 |
| 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 |
| Washrooms: | 3 |
| 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 |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Bedford Park-Nortown |
| Lot Size: | 20.21 x 125.16(Feet) |
| Baths: | 3 |
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