Description
Profitable and high performing restaurant on Avenue Road in North York available! Old Avenue Restaurant specializes in southern Caucasus cuisine and it has been a big hit since opening in 2022. The sales are impressive and the profit margins are even better. Full training to be provided to a qualified buyer.1,700 sq ft layout that is easy to staff and manage for a owner, and this business is run hands-off meaning that the owner does not work there. Please do not go direct or speak to staff or ownership. Great lease rate of $7,230 Gross Rent including TMI with 3 + 5 + 5 years remaining. Liquor license capacity of 28 inside and 12 on the covered patio with bring your own wine. 1 walk-in fridge and a 9 ft commercial hood in the kitchen.
Features
- Category: Restaurant
- Total Area: 1,700 sqft
- Retail Area: 1,700 sqft
- Seats: 40
- Total Parkings: 1
- Parking Types: Outside/Surface
- Bathrooms: 3
- Electric Amps: 600
- Electric Voltage: 200
- For Sale: Business Only
Details
- Zoning: Commercial
- Business Hours: 11-10
- Opening Days: 7
- Alcohol Allowed: Y
- Total Employees: 6
- C9253519
- Listing contracted with: ROYAL LEPAGE SIGNATURE REALTY