Added 1 day ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Restaurant
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Zoning: C5-3
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Age: No Data
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MLS®#: N11921250
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Added: Jan 13, 2025 (1 day ago)
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Updated:
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Last Checked: 7 hours ago
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Listed By: REAL ONE REALTY INC.
This profitable Portuguese fried chicken restaurant in Aurora has been operating successfully for the past 15 years. Spanning 1,080 square feet, it features a seating capacity of 12 and is conveniently located in a high-traffic area with excellent visibility. The restaurant boasts a professional commercial kitchen equipped with a 12-foot hood fan, a walk-in cooler, two washrooms, and an array of other equipment. There is ample parking available with approximately 40 spots. The lease is very favorable, with a monthly rent of $3,450 (including TMI and HST) and a remaining term of 2+5 years. The restaurant generates an average annual revenue of approximately $600,000, resulting in a substantial net profit after all expenses. Operating seven days a week from 11 AM to 7:30 PM, this business has cultivated a loyal customer base. The owner is selling due to their plans to return to their home country. This presents a unique opportunity for a new owner to either expand the business into a franchise or convert it into a different type of restaurant.
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.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Aurora
Community: Aurora Grove
Availability Date: TBD
Inside
Bathrooms: 2
Air Conditioning: Y
Washrooms: 2
Building
Basement: N
Heat Type: Gas Forced Air Closd
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Plaza
Fees
Tax Year: 2024
Tax Legal Description: PT BLK B PL 535 AURORA PT 1 65R9035, EXCEPT PT 1 65R10795; S/T R
Taxes Type: Annual
Land
Cross Street: Wellington St & Yong
Municipality District: Aurora
Parcel Number: 036430611
Lot Depth: 220 Feet
Lot Frontage: 102 Feet
Zoning: C5-3
Commercial Specific
Number of Employees: 4
Retail Area: 300
Retail Area Metric: Sq Ft
Total Area: 1080
Total Area Metric: Sq Ft
Hours Open: 11-7:30
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Seats: 12
Business/Building Name: The Chicken Place
Financial Statement: Y
LLBO: N
ÉÉC Saint-Jean
Elementary: CatholicHoly Spirit Catholic Elementary School
Elementary: CatholicAurora Grove Public School
Elementary: PublicNorthern Lights Public School
Elementary: PublicSt Jerome Catholic Elementary School
Elementary: CatholicLester B Pearson Public School
Elementary: PublicACCESS Program
Secondary: PublicDr G W Williams Secondary School
Secondary: PublicAurora High School
Secondary: PublicSir William Mulock Secondary School
Secondary: PublicCardinal Carter Catholic Secondary School
Secondary: CatholicSt Maximilian Kolbe High School
Secondary: Catholic
