$325,000
Available - For Sale
Listing ID: W11950152
401 Magnetic Dr , Unit 39-40, Toronto, M3J 3H9, Ontario
| Rare Opportunity. Established Restaurant & Bar for Sale! This Restaurant & Bar Offers a Modern, Luxuriously Designed Space, Featuring a Fully Equipped, Fully Renovated Interior, State-of-the-Art Sound and Lighting Systems. This place is excellent for selling food, beer, and liquor as well as for any private events.And also it can be rented out for all kinds of events and occasions with DJ-playing music or music band playing all year round. Perfect for Entrepreneurs Looking to Own a Turnkey Entertainment Business with Proven Profitability. Every Equipment inside the restaurant & bar is included in the listing price. The rent is very low just more than 3K including TMI & Tax. The lease is very new (5 years & 5 years option) **EXTRAS** Buyer shall pay Security Deposit($30,273.32) back to the Seller. |
| Price | $325,000 |
| Taxes: | $45448.56 |
| Tax Type: | T.M.I. |
| Occupancy by: | Tenant |
| Address: | 401 Magnetic Dr , Unit 39-40, Toronto, M3J 3H9, Ontario |
| Apt/Unit: | 39-40 |
| Postal Code: | M3J 3H9 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Steeles Ave W and Dufferin St |
| Category: | Without Property |
| Use: | Bar/Tavern/Pub |
| Building Percentage: | N |
| Total Area: | 1402.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Industrial Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 1402 |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | JAY JAY VENUE |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 6 |
| Hours Open: | 17PM -2 |
| Employees #: | 10 |
| Seats: | 100 |
| LLBO: | Y |
| Sprinklers: | Y |
| Rail: | N |
| Truck Level Shipping Doors #: | 0 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 0 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
$
%
Years
$801.91
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOMELIFE FRONTIER REALTY INC. |
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|
Imran Gondal
Broker
Dir:
416-828-6614
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | York University Heights |
| Tax: | $45,448.56 |
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