This fully licensed and equipped ""Lamasu Lounge and grill"" restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity! (id:13843)
MLS# | N8453410 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 84 |
Listing Provided By | RIGHT AT HOME REALTY | JAMES DANIEL |
SQ Feet | 1,500 |
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Zoning | Commercial |
Province | ON |
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City | Vaughan (Pine Valley Business Pa |
Postal Code | L4L5X9 |
Listing VS Median (in L4L5X9) | |
Price: $250,000 low | high Med: $250,000 SqFt: 1,500 low | high Med: 1,500 $ / SqFt: $167 low | high Med: $167 On Site: 84 low | high Med: 84.000000 |