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Data was last updated 2023-07-19 at 17:28:16 GMT
Great Location, , In The Heart Of Scarborough's Well Known Scarborough Village Mall With Busy Traffic. Adjacent To The Popular Skycity Shopping Centre. The Restaurant Has Been Operating Profitably For 13 Years. Ideal For New Buyer To Operate The Same Cuisine And Can Also Be Converted To Any Other Cuisines. All Chattels And Equipment Are Included. New Buyer To Assume The Existing Lease And May Negotiate Longer Lease With The Landlord.
Listing Information
- Prop. Type:
- Sale Of Business
- City:
- Toronto
- Status:
- Active
- MLS® Number:
- E6130540
- Neighbourhood:
- Milliken
- Area:
- Toronto
- Province:
- Ontario
- Listing Date:
- Jun 08, 2023
- Listing Price:
- $139,000
- Taxes:
- $20
- Apartment Number:
- 6R & 7
- List Price Code:
- For Sale
General Information
- Tax Type:
- T.M.I.
- Lot Code:
- Unit
- Fin. Statements Available:
- N
- Franchise?:
- N
- Freestanding?:
- N
- Retail Area:
- 1692 Sq Ft
- Total Area:
- 1692.00 Sq Ft
- Seats:
- 80
- Possession Terms:
- TBA
- Tax Year:
- 2022
Additional Information
- Heating Type:
- Gas Forced Air Open
- Chattels:
- Y
- Basement Description:
- N
- Extras:
- Current Monthly Gross Rent $10,053.30 (Net Rent $7
- Garage Type:
- Plaza
- Utilities Available:
- Y
Financial Information
- Employees:
- 5
- Expenses (Act/Est)?:
- Est
- Gross Income:
- 1250000
- Operating Expenses:
- 1100000
- Year Expenses:
- 2022
- Net Income (Before Debt):
- 150000
- Days Open:
- 6
- Hours Open:
- 5-5
Land Information
- Water Service:
- Municipal
Other Information
- Business Type:
- Restaurant
- Business Name:
- Scarborough Village Mall
- Property Type:
- Without Property
- Area Influences:
- Public Transit
- Air Conditioning:
- Y
- Zoning:
- Commercial
- Seller Info Statement:
- N
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This property is listed by Visar Realty Inc. and provided here courtesy of
Frank Leo.
For more information or to schedule a viewing please contact Frank Leo.
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board.