13 - 200 Marycroft Avenue E, Vaughan, Ontario, Canada, L4L5X9

199,000
for Sale

About the property:

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!

Extra info:

List of chattels will be supplied upon request.
Sale Of Business false
Property Type:
Sale Of Business
Status:
for Sale
Business Type:
Restaurant
Heating Type:
Gas Forced Air Closed
Cross Street:
Marycroft and Highway 7
Annual Property Taxes:
2,793.91
Listing ID:
N13529236

Rooms

Dimensions

Brokered by:
Homelife Kingsview Real Estate Inc.
Source: TRREB/PROPTX
Presented By:

Michelle Berryman

Sales Representative

HomeLife Kingsview Real Estate Inc., Brokerage*