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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: Commercial
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Age: No Data
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MLS®#: E6033540
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Days on Site: 318 Days
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Added: May 21, 2023 (11 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: VISAR REALTY INC.
Well Located At Scarborough Village Mall Adjacent To Skycity Shopping Centre Surrounding With Variety of Retails, Restaurants, Industrial Businesses and Professional Offices. . Sales Price Includes Renovation And All Trade And Kitchen Equipment. If Buyer Wants To Operate The Same Existing Business, the Brand Name "Snow Time - Korean Dessert Cafe" Which Has Been Operating Profitably In The Last 7 Years With A Lot Of Clienteles Can Be Included In The Purchase Price, Existing Cafe Owner Can Provide Training For All Products. A Turn Key Opportunity With Great Potential For A Full-Time Owner/Operator.
Extras
Buyer To Assume Existing Lease Which Will Be Expired On July 31,2026 Plus An Option For Another 5 Years. Current Monthly Gross Rent Is $8,019 (Hst Inclusive)
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Net Income: 101000
Area: Toronto
Community: Milliken
Availability Date: Tba
Inside
Air Conditioning: Y
Building
Basement: N
Heat Type: Gas Forced Air Open
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Plaza
Fees
Tax Year: 2022
Expenses: Est
Operating Fees: 137000
Taxes Type: Annual
Tax Year: 2022
Land
Cross Street: N. Of Finch / W. Of
Municipality District: Toronto E07
Zoning: Commercial
Commercial Specific
Number of Employees: 2
Retail Area: 1129
Retail Area Metric: Sq Ft
Total Area: 1129
Total Area Metric: Sq Ft
Hours Open: 11-11
Area Influence: Public Transit
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Unit
Seats: 30
Business/Building Name: Snow Time Korean Dessert Cafe
Financial Statement: N
Gross Income/Sales: 305000
LLBO: N
St Marguerite Bourgeoys Catholic Catholic School
Elementary: CatholicLynnwood Heights Junior Public School
Elementary: PublicSt Sylvester Catholic School
Elementary: CatholicChartland Junior Public School
Elementary: PublicMilliken Public School
Elementary: PublicAlexmuir Junior Public School
Elementary: PublicDelphi Secondary Alternative School
Secondary: PublicMsgr Fraser-Midland
Secondary: CatholicSir William Osler High School
Secondary: PublicFrancis Libermann Catholic High School
Secondary: CatholicMary Ward Catholic Secondary School
Secondary: CatholicAlbert Campbell Collegiate Institute
Secondary: Public
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