2836 Victoria Park Ave
Toronto, M2J4A8
For Sale
$165,000
➧
➧
Without Property
CATEGORY800 Sq Ft
TOTAL AREAC8223730
MLSIDContact Us
Property Description
Established Chinese takeout restaurant, situated in a prime location at the intersection of North York and Scarborough near Victoria Park and Finch, has a rich 30-year history, loyal customer base, and a 4.1 Google rating. With approx. 800 sq ft of space including a professional kitchen, 20-ft exhaust fan, walk-in cooler, restroom, and ample parking, the restaurant benefits from high foot traffic in a thriving commercial hub. Operating 7 days a week from 2:00 PM to 10:00 PM (except Fridays from 11:30 AM to 10:00 PM), the restaurant generates monthly sales of around $40,000 with a 20% net profit. Rent is $4,300/month (inclusive of TMI, HST, and water) with 3.8 years remaining on the lease and a 5-year option. Due to owner's relocation, this opportunity offers potential for increased revenue through expanded hours and menu options. Don't miss out on this thriving business opportunity.
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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.
Property Details
Category
Without Property
Usage
Fast Food/Take Out
Zoning
Commercial Residential CR1(c1;r0)
Total Area
800 Sq Ft
Retail Area
200 Sq Ft
Lot Size
20' x 40'
Washrooms
1
Air Conditioning
Yes
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Listing contracted with Real One Realty Inc.
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