$138,000
FOR SALE

Business for Sale

Fast Food/Take Out

Lot: 20 x 40 ftTotal Area: 800 ft2

2836 Victoria Park Ave
Toronto, ON M2J 4A8 | Pleasant View

Established Chinese takeout restaurant, situated in a prime location at the intersection of North York and Scarborough near Victoria Park and Finch, has a rich 30-year history, loyal customer base, and a 4.1 Google rating. With approx. 800 sq ft of space including a professional kitchen, 20-ft exhaust fan, walk-in cooler, restroom, and ample parking, the restaurant benefits from high foot traffic in a thriving commercial hub. Operating 7 days a week from 2:00 PM to 10:00 PM (except Fridays from 11:30 AM to 10:00 PM), the restaurant generates monthly sales of around $40,000 with a 20% net profit. Rent is $4,300/month (inclusive of TMI, HST, and water) with 3.8 years remaining on the lease and a 5-year option. Due to owner's relocation, this opportunity offers potential for increased revenue through expanded hours and menu options. Don't miss out on this thriving business opportunity.
Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
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Listed By REAL ONE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C8223730
Last Updated May 07, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Fast Food/Take Out
Franchise Non-Franchise
Business/Building Name China China Express
Category Without Property
PIN 100380130
Legal Description PARCEL A-1, SECTION M1270 BLOCK A, PLAN M1270 TWP
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets Victoria Park & Finch
Neighbourhood Pleasant View
Area Toronto
Price History

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Detailed Information
Freestanding N
Bathrooms 1
Lot 20 x 40 ft
Retail Area 200 ft2
Total Area 800 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open Varies
LLBO N
Employees 4
Heat Type Gas Forced Air Closd
Financial Statement N
Area Influences Major Highway, Public Transit
Seats 3
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial Residential CR1(c1;r0)
Seller Property Info Statement N

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