Turnkey Restaurant for Sale in Greek Town Extensively renovated Indian cuisine restaurant at the prime AAA+ location of Danforth and Logan, right in the midst of Greek Town. Licensed for 124 patrons inside and 12 on the front patio. Features a fully built-out main floor and basement, with all chattels and equipment included. Total space is 1,800 sqft with 4 years remaining on the lease and an option to renew. This well-kept, like-new, and very well-established restaurant experiences heavy daily foot traffic and high take-out volume from both loyal and new customers, including tourists. Conveniently located with easy parking available on multiple nearby streets. Highlights:- Fully equipped kitchen with 11' exhaust hood, full range, walk-in cooler, and more; Significant investment made in kitchen build-out and leasehold improvements; Excellent structural integrity with all mechanical systems in great shape and 3-phase power; Licensed for 124 patrons inside, with an additional 12 on the front patio; Garage-style frontage that opens the dining room to the street; Currently operating as a successful Indian restaurant, but the space is adaptable to various concepts and styles of cuisine; Strong lease in place with a current rent of $10,112 per month, inclusive of TMI and HST; Four years remaining on the lease with options to renew.
MLS# | E11884208 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Sold Conditional |
Days On Site | 74 |
Listing Provided By | GET HOME REALTY INC. | Not Provided |
SQ Feet | 1,800 |
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State | ON |
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County | Toronto |
City | Toronto E01 |
Zip Code | M4K 1P5 |
Area | North Riverdale |
Listing VS Median (in M4K 1P5) | |
Price: $89,000 low | high Med: $89,000 SqFt: 1,800 low | high Med: 1,800 $ / SqFt: $49 low | high Med: $49 On Site: 74 low | high Med: 74.000000 |