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$165,000
Status: For Sale
This well-established Japanese Fusion restaurant is located in a high-traffic commercial plaza on Highway 7, surrounded by a dynamic mix of residential and commercial properties that guarantee a steady stream of potential customers. Recently renovated with over $40,000 invested in modern upgrades, the restaurant boasts a stylish and inviting atmosphere perfect for dining.Menu Enhancement Opportunity: Transition from a Pasta-Sushi Fusion to a dedicated Sushi Specialty restaurant, offering a more focused and refined culinary experience.Limited Local Competition: Capitalize on the opportunity to stand out by offering a unique and differentiated dining experience in the area.LLBO Approval (Currently in Process): Anticipated revenue growth with the upcoming approval. **EXTRAS** Current lease till 9th March, 2027 with 5 yrs option to renew. Higher margin. Monthly rent $6700 (tmi and water inclusive). All figures as per seller.
| Property Type | :Commercial |
|---|---|
| MLS Number | :N11901697 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :05 Mar, 2025 (24 Days ago) |
| Source | :TRREB |
| Area | :York |
|---|---|
| Postal Code | :
L4B 1A6
|
| Price | : $165,000 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Hwy 7 and Bayview |
|---|
31 Jan, 2025
TREB #N11901697
Available
$165,000
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