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. (id:13843)
Mls | C9253519 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 113 |
Listing Provided By | ROYAL LEPAGE SIGNATURE REALTY | RYAN EARL |
Baths | 3 Total |
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Sq Feet | 1,700 |
Zoning | Business Commercial |
State | ON |
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City | Toronto (Bedford Park-Nortown) |
Zip Code | M5M4A2 |
Listing VS Median (in M5M4A2) | |
Price: $749,000 low | high Med: $749,000 SqFt: 1,700 low | high Med: 1,700 $ / SqFt: $441 low | high Med: $441 On Site: 113 low | high Med: 113.000000 |