$450,000
Available - For Sale
Listing ID: N11921250
1 Industrial Pkwy South , Unit 2, Aurora, L4G 3V9, Ontario
| This profitable Portuguese fried chicken restaurant in Aurora has been operating successfully for the past 15 years. Spanning 1,080 square feet, it features a seating capacity of 12 and is conveniently located in a high-traffic area with excellent visibility. The restaurant boasts a professional commercial kitchen equipped with a 12-foot hood fan, a walk-in cooler, two washrooms, and an array of other equipment. There is ample parking available with approximately 40 spots. The lease is very favorable, with a monthly rent of $3,450 (including TMI and HST) and a remaining term of 2+5 years. The restaurant generates an average annual revenue of approximately $600,000, resulting in a substantial net profit after all expenses. Operating seven days a week from 11 AM to 7:30 PM, this business has cultivated a loyal customer base. The owner is selling due to their plans to return to their home country. This presents a unique opportunity for a new owner to either expand the business into a franchise or convert it into a different type of restaurant. **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. |
| Price | $450,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1 Industrial Pkwy South , Unit 2, Aurora, L4G 3V9, Ontario |
| Apt/Unit: | 2 |
| Postal Code: | L4G 3V9 |
| Province/State: | Ontario |
| Legal Description: | PT BLK B PL 535 AURORA PT 1 65R9035, EXC |
| Lot Size: | 102.00 x 220.00 (Feet) |
| Directions/Cross Streets: | Wellington St & Yonge St |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | N |
| Total Area: | 1080.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 300 |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | The Chicken Place |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 11-7:30 |
| Employees #: | 4 |
| Seats: | 12 |
| LLBO: | N |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| REAL ONE REALTY INC. |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | York |
| Municipality: | Aurora |
| Neighbourhood: | Aurora Grove |
| Lot Size: | 102.00 x 220.00(Feet) |
| Baths: | 2 |
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