Excellent Opportunity to Own a Well-Established Restaurant in Chinatown! Prime high-traffic location with excellent exposure and a large outdoor billboard sign. This long-established Chinese restaurant has been successfully operating for approximately 30 years and enjoys a loyal customer base. Fully equipped commercial kitchen suitable for a variety of cuisines, featuring a walk-in cooler and freezer, plus a basement for additional storage. 77 Seats LLBO licensed. Seller is retiring and willing to provide training to ensure a smooth transition. A rare opportunity to take over a proven restaurant business in a highly visible location with excellent potential for continued growth!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
2000 sq. ft. Square Feet
Total Area:
2,000 sq. ft.186 m2
Retail Area:
2000 sq. ft. Sq Ft
Lot Depth:
0'0 m
Lot Frontage:
0'0 m
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Public
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$16,800 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Kensington-Chinatown
All Chattel And Equipment Are Included. Rent $11,525/ Monthly (Include Tmi , Hst). 4.5 Years Remaining Lease Term And Another 5 Years Renewable.
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