7400 Keele St St

LocationConcord, L4K 1P6
$599K For Sale
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Description

Exceptional opportunity to acquire a well-established and fully operational banquet hall business in the heart of Concord/Vaughan's thriving commercial district. This turnkey event venue occupies approximately 13,600 sq. ft. and features a beautifully renovated 5,000 sq. ft. banquet hall with a seating capacity of 457 guests. Recent improvements completed within the last two months include hall painting, staircase upgrades, HVAC improvements, new flooring, and a new dance floor. The facility offers a spacious commercial kitchen (approximately 700+ sq. ft.), bridal suite, boardroom, two private offices, warehouse/storage area, patio space, dedicated bar with liquor room, and separate guest and staff washrooms. Included in the sale are additional furniture and equipment valued at over $50,000, along with a fully paid-off food truck. Benefit from 100+ on-site parking spaces, with additional parking available through landlord arrangements when required. An outstanding opportunity for banquet operators, hospitality investors, caterers, wedding venue operators, or entrepreneurs seeking a profitable, turnkey event venue with substantial future contracted revenue.

Features

  • Business Type
    Category: Banquet Hall
  • Commercial Total Area
    Total Area: 16,500 sqft
  • Commercial Retail Area
    Retail Area: 5,000 sqft
  • Number of seats
    Seats: 457
  • Commercial Parking Types
    Parking Types: Plaza

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: Event Based/ By Appointment
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Number of Employees
    Total Employees: 2
  • MLS
    N13447588
  • Listing contracted with: RCIB REAL ESTATE LIMITED.

Transit Accessibility

York University Go Train Station (2.2km)

Location



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