$499,999
FOR SALE

Business for Sale

Restaurant

Lot: 19.69 x 88.72 ftTotal Area: 3,500 ft2

402 Danforth Ave
Toronto, ON M4K 1P3 | Playter Estates-Danforth

The renowned and VERY popular MEGAS Restaurant and event space is looking for its new lucky owner. With an already established name for itself and one of the original Greek restaurants to dig its roots on the Danforth, the new owner can enjoy a turnkey business that produces excellent revenue. Loyal customers have been enjoying over 3500 sq ft of eatery, lounge, patio and premium event space for private functions for over 30 years. Live music, authentic Greek food and a fan favorite for takeout/delivery makes this a truly once in a lifetime opportunity. Fully renovated, Fully equipped, Fully staffed, devoted clientele and retiring sellers willing to pass on their legacy. Willing to train new owners. Seeing is believing so come on by!
Extras
Existing Lease assumable by new buyers.
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Listed By CENTURY 21 LEADING EDGE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E8245316
Last Updated Apr 27, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name Megas Restaurant
Category Without Property
PIN 103970153
Legal Description PCL 33-3 SEC M126; PT LT 33 PL M126 TORONTO PT3,66R16682 T/W PT LT 33 PL M126, PT 1, 66R16682 AS IN C897393; TORONTO, CITY OF TORONTO.
Occupancy Owner
Possession Date Flexible-TBD
Directions/Cross Streets Danforth And Chester Avenue
Neighbourhood Playter Estates-Danforth
Area Toronto
Price History

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Detailed Information
Freestanding Y
Lot 19.69 x 88.72 ft
Retail Area 3,000 ft2
Total Area 3,500 ft2
Approximate Age 31-50
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type Public
Days Open 6
Hours Open Varies
LLBO Y
Employees 15
Heat Type Gas Forced Air Open
Financial Statement Y
Area Influences Public Transit, Subways
Seats 160
Utilities A
Water Municipal
Lot/Bldg/Unit Code Building
Zoning CR3 (c2.5; r 2.5 * 2426)
Seller Property Info Statement N

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