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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: M2
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Age: No Data
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Taxes: 2024
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MLS®#: W9508150
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Days on Site: 3 Days
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Added: Oct 23, 2024 (1 month ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: ELIXIR REAL ESTATE INC.
Turnkey Restaurant Opportunity in Prime Location! Presenting a well-established restaurant specializing in authentic North Indian cuisine, located at the bustling intersection of Rutherford Road South and Steeles Ave. This profitable restaurant offers both dine-in and outdoor experiences, with seating for 50 guests inside and 20 on the patio. Additionally, it features a separate party hall with a 50-guest capacity, which has proven to be a highly lucrative source of revenue. This turnkey investment is ideal for restaurateurs and investors looking to step into a thriving business. Situated in a highly visible commercial plaza with ample parking, the restaurant benefits from a steady flow of walk-in customers and an established, loyal clientele. The fully equipped kitchen includes a 15-foot hood and a walk-in cooler, along with all essential appliances to ensure smooth operations. Recently renovated, the restaurant boasts a chic and inviting interior, offering a modern and comfortable space for dining and takeout services. With a liquor license in place, the business has additional revenue potential. The restaurant also enjoys profitable delivery partnerships with platforms like Uber Eats, DoorDash, and SkipTheDishes, further expanding its customer base. Long-term lease terms with renewal options provide stability and room for future growth. This is your chance to acquire a ready-to-operate, high-traffic restaurant in a prime Brampton location!
Extras
Food Cost: Approx. 36-38%, Labor Cost: Approx. 25%, LOW RENT Long-Term Lease No Franchise Royalties: Keep all the profits without paying unnecessary fees.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Brampton
Community: Bram East
Availability Date: TBD
Inside
Air Conditioning: Y
Building
Basement: N
Heat Type: Gas Forced Air Closd
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2024
Taxes: $2,024
Taxes Type: T.M.I.
Land
Cross Street: Steeles Ave/ Ruther
Municipality District: Brampton
Zoning: M2
Commercial Specific
Number of Employees: 7
Retail Area: 2500
Retail Area Metric: Sq Ft
Total Area: 3000
Total Area Metric: Sq Ft
Hours Open: 10
Area Influence: Major Highway
Area Influence: Public Transit
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Unit
Seats: 120
Financial Statement: Y
LLBO: Y
Peel Alternative - North Elementary
Elementary: PublicHelen Wilson Public School
Elementary: PublicSir Wilfrid Laurier Public School
Elementary: PublicParkway Public School
Elementary: PublicSt Francis Xavier Elementary School
Elementary: CatholicWilliam G. Davis Senior Public School
Elementary: PublicPeel Alternative North
Secondary: PublicPeel Alternative North ISR
Secondary: PublicCentral Peel Secondary School
Secondary: PublicCardinal Leger Secondary School
Secondary: CatholicBrampton Centennial Secondary School
Secondary: PublicTurner Fenton Secondary School
Secondary: Public
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