750 ft2
Fully Air Conditioned
Baseboard Heaters
$198,000
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 (id:50976)
Business
|
Business Type
|
Restaurant |
|
Business Sub Type
|
Restaurant/pub |
Property Details
|
MLS® Number
|
W13470852 |
|
Property Type
|
Business |
|
Community Name
|
Islington-City Centre West |
Building
|
Age
|
6 To 15 Years |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Type
|
Baseboard Heaters |
|
Size Interior
|
750 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
18 Ft |
|
Size Frontage
|
12 Ft |
|
Size Irregular
|
12 X 18 Ft |
|
Size Total Text
|
12 X 18 Ft |
|
Zoning Description
|
Restaurant, Retail |
https://www.realtor.ca/real-estate/29933037/1-5487-dundas-street-w-toronto-islington-city-centre-west-islington-city-centre-west