Islington-City Centre West, M9B 1B5
Description
LONZO'S IS A WELL ESTABLISHED PROFITABLE FRANCHISE RESTAURANT FOR SALE, IDEALLY LOCATED IN A HIGH TRAFFIC AREA AT THE CORNER OF DUNDAS/ SHORNCLIFFE ROAD. THE BUSINESS BENEFITS FROM EXCELLENT VISIBILITY AND STEADY CUSTOMER FLOW, WITH CLOSE PROXIMITY TO THE SUBWAY AND NUMEROUS CONDOMINIUM BUILDINGS. THE RESTAURANT GENERATED APPROXIMATELY $500,000.00 IN SALES FOR 2025!! AND ACHIEVED A NET PROFIT OF APPROXIAMATELY $90,000.00. THE OPERATION OD CURRENTLY SUPPORTED BY FOUR EMPLOYEES, AND A LONGTERM LEASE IS IN PLACE, OFFERING STABILITY AND PEACE OF MIND FOR A NEW COMER. THIS IS AN EXCELLENT OPPORTUNITY FOR AFAMILY RUN BUSINESS. AN OWNER OPERATOR, OR AN INVESTOR LOOKING TO ENTER OR EXPAND WITHIN THE RESTAURANT INDUSTRY. FINANCIAL FIGURES ARE PROVIDED BY THE SELLER AND SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS
Features
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Category: Restaurant
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Total Area: 750 sqft
- Retail Area: 750 sqft
- Seats: 15
- Parking Types: None
- Property Age: 6-15
- For Sale: Business Only
Details
- Zoning: Restaurant
- Business Hours: 10
- Opening Days: Open 7 Days
- Alcohol Allowed: N
- Total Employees: 4
- W13470852
- Listing contracted with: PONTIS REALTY INC.
