$749,000
FOR SALE

Business for Sale

Restaurant

Lot: 20.21 x 125.16 ftTotal Area: 1,700 ft2

1923C Avenue Rd
Toronto, ON M5M 4A2 | Bedford Park-Nortown

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.
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Listed By ROYAL LEPAGE SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9253519
Last Updated Aug 14, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name Old Avenue Restaurant
Category Without Property
Legal Description Lot 69, Plan 2529 ; PT Lot 70, Plan 2529 , AS IN T
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets Avenue Rd & Brooke Ave
Neighbourhood Bedford Park-Nortown
Area Toronto
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Bathrooms 3
Lot 20.21 x 125.16 ft
Retail Area 1,700 ft2
Total Area 1,700 ft2
Elevator None
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Outside/Surface
Parking Spaces 1
Amps 600
Volts 200
Days Open 7
Hours Open 11-10
LLBO Y
Employees 6
Heat Type Gas Forced Air Closd
Financial Statement N
Outside Storage N
Soil Test N
Seats 40
Sprinklers Y
Sewers San+Storm
Utilities A
Water Municipal
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning Business Commercial
Seller Property Info Statement N

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