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Sona Bhalla

Broker
HouseSigma Inc, Brokerage Independently owned and operated. 15 Allstate Parkway #629, Markham, Ontario L3R5B4 Cell: 647-992-7653Office: 647-360-2330

$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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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Sona Bhalla
Broker
Dir:
647-992-7653
Bus:
647-360-2330
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Bedford Park-Nortown
Style:
Lot Size: 20.21 x 125.16(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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