Buy a Free Standing Restaurant Conversion Opportunity For Sale business for sale in Toronto on BusinessesForSale.com

  • Advert ID: 658700
  • (Seller ref: TOR02ON001-N117)

Free Standing Restaurant Conversion Opportunity For Sale


Location:
Category:
Asking price:
$270,000
Sales revenue:
$660,000
Net profit:
$113,000
Employees:
FT: 4, PT: 3

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This restaurant makes an excellent franchise conversion opportunity due to its main street location and its free standing building with plentiful on-site parking. It is also part of a dining destination area adjacent to several other restaurants on the busiest arterial road in Vaughan. The free standing restaurant is 3,600 sq ft and has a drive-thru facility allowing it to be used as either a full service or fast food restaurant. It has a seating capacity of 125 people spread over 26 tables, and has a recently renovated kitchen with 7 burners, 2 deep fryers, a walk-in freezer, and a walk-in fridge. There are over 50 designated parking spaces on the property making it an ideal conversion into a franchise that requires a free standing identity. There is 3+ years remaining on its lease with an option to renew. The restaurant is currently used as a full service Asian restaurant in which the owner will train a Buyer wanting to keep its existing identity. Highlights: Free Standing Building, Over 50 parking spaces, Located within a dining destination area, Fronts onto the busiest road in the city, Drive-Thru, 3,600 sq ft with seating capacity of 125 people (150 rated), Renovated kitchen and dining area (2005), High household income neighborhood,


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