G6-7 - 8 Glen Watford Drive , Toronto (Agincourt South-Malvern, ON M1S2C1
Toronto (Agincourt South-Malvern, ON M1S2C1
Description
Established Hong Kong-style restaurant available in Scarborough! This well-known community favourite has been around for over 20 years and boasts a loyal customer base. Located at a high-traffic corner on Sheppard Ave and Midland Ave, the restaurant occupies a prime spot within a plaza with ample parking. This 1,100 sq ft space on the main floor features 46 seats, 2 washrooms, and basement storage. The fully equipped commercial kitchen includes a 20 ft exhaust fan and 2 walk-in fridges, perfect for supporting dine-in, takeout, and delivery services. Currently open 7 days a week from 7AM to 4PM, the restaurant generates approximately $50,000 in monthly sales and enjoys significant profits. The surrounding mature neighbourhoods and businesses create a steady breakfast and lunch rush, with the potential for significant growth by expanding dinner service. The monthly rent is $5,917 (including TMI & HST) and lease has 3.5 + 5 years remaining. This is a fantastic opportunity to own a well-established and profitable business in a prime Scarborough location. This restaurant can be rebranded to offer a different cuisine if desired. **** 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. (id:13843)
Details
| MLS# | E8474098 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 80 |
| Listing Provided By | REAL ONE REALTY INC. | JENNY MIAO |
Features
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 1,100 |
| Zoning | Commercial Residential Zone (CR) |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Agincourt South-Malvern |
| Postal Code | M1S2C1 |
| Listing VS Median (in M1S2C1) | |
Price: $149,000 low | high Med: $109,000 SqFt: 1,100 low | high Med: 551 $ / SqFt: $135 low | high Med: $34,568 On Site: 80 low | high Med: 126.000000 | |