$228,900
Available - For Sale
Listing ID: N13529236
200 Marycroft Avenue East , Vaughan, L4L 5X9, York


This fully licensed and equipped "Lamasu Lounge and grill" restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity!
Price $228,900
Taxes: $2793.91
Tax Type: TMI
Occupancy: Owner
Address: 200 Marycroft Avenue East , Vaughan, L4L 5X9, York
Postal Code: L4L 5X9
Province/State: York
Directions/Cross Streets: Marycroft and Highway 7
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 1500.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 10AM -1
Employees #: 3
Seats: 28
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE KINGSVIEW REAL ESTATE INC.
Personal Picture
Imran Gondal
Broker
Dir:
416-828-6614
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Vaughan
Neighbourhood: Pine Valley Business Park
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $2,793.91
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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