Added 4 months 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: TM[78]H(15)
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Age: No Data
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MLS®#: X9522964
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Days on Site: 118 Days
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Added: Oct 16, 2024 (4 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: ROYAL LEPAGE TEAM REALTY
Set in the charming and growing neighborhood of Little Italy, La Favorita invites you to own this renowned rustic restaurant. Fully equipped with top-of-the-line appliances, a wood oven fireplace, and seating for up to 140 guests, this fully operational business has been a community staple for over 30 years. Boasting patio and liquor licenses, La Favorita is strategically located between residential and commercial areas, making it a thriving establishment in a prime location serving a high-end Italian menu. The restaurant features multiple seating areas, including an upstairs level for 30, a main dining room for 60, a front room for 40, and an outdoor patio for warmer months, plus catering and takeout. With nearly 1200 Google reviews, this fine dining restaurant speaks for itself. Contact us to learn more to make it yours. The restaurant owner is retiring. Lease terms are easily negotiable. Please note that showings are preferred before the business opens.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Dows Lake - Civic Hospital and Area
Community: 4502 - West Centre Town
Availability Date: TBD
Building
Basement: N
Water Supply: Municipal
Fees
Tax Year: 2024
Land
Cross Street: Heading east on Carl
Municipality District: Dows Lake - Civic Hospital and Area
Lot Depth: 98 Feet
Zoning: TM[78]H(15)
Commercial Specific
Number of Employees: 18
Retail Area: 2000
Retail Area Metric: Sq Ft
Hours Open: 11:00am
Franchise: N
Tangible Property Included: Y
Seats: 64
Business/Building Name: La Favorita
Financial Statement: Y
LLBO: Y
École élémentaire publique Centre-Nord
Elementary: PublicCambridge Street Community Public School
Elementary: PublicSt Anthony Elementary School
Elementary: CatholicCentennial Public School
Elementary: PublicDevonshire Community Public School
Elementary: PublicÉcole élémentaire catholique Saint-François-d'Assise
Elementary: CatholicUrban Aboriginal Alternate High School
Secondary: PublicRichard Pfaff Secondary Alternate Site
Secondary: PublicLisgar Collegiate Institute
Secondary: PublicSt Nicholas Adult High School
Secondary: CatholicAdult High School
Secondary: PublicGlebe Collegiate Institute
Secondary: Public
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