Frank Commisso | Real Estate Agent Serving Woodbridge, Vaughan, Kleinburg, Richmond Hill, Thornhill and GTA

Featured Listing

Asking Price:
$250,000
Ref# N9768476
Available for Sale » Residential | Sale Of Business
13 - 200 Marycroft Ave W (Hwy 7 & Pine Valley Dr.)
Pine Valley Business Park, Vaughan
Discover the dynamic "Lamasu Lounge and Grill, " a fully licensed and equipped restaurant strategically situated in a bustling plaza at a high-traffic intersection near Highway 7. This prime location is surrounded by a blend of commercial and residential areas, including several factories that contribute to a steady stream of customers. With ample parking and significant foot traffic, the restaurant is perfectly positioned to capitalize on the growing demand for dining options in the vicinity. Recently renovated, the restaurant offers a turnkey operation with a proven track record of steady sales growth and exciting potential for further expansion. As new condo developments are planned for the area, an influx of residents will further enhance the customer base, making this an opportune time for investment. Currently thriving as a lounge and grill, the versatile space can be adapted for various culinary concepts, subject to existing exclusivities. The restaurant comes with a transferable liquor license, accommodating up to 28 patrons, making it ideal for breakfast, lunch, dinner, private parties, and catering events. Lease terms are favorable at approximately $3, 790. 84 per month, inclusive of TMI and HST, and extend until 2027, with all agreements contingent upon landlord consent and approval. All chattels and equipment are included, with a detailed inventory available upon acceptance of an offer. This business presents a fantastic opportunity for families and newcomers eager to step into a thriving restaurant environment with solid growth potential. Don't let this exceptional opportunity pass you by. Seize the chance to make your mark in the culinary scene today!
Property Features
  • Lot Size: 0 X 0
  • Estimated annual taxes: $6793.91
  • Basement: N
  • Sale Of Business
  • Y AC
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
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Property Photos
Discover the dynamic "Lamasu Lounge and Grill, " a fully licensed and equipped restaurant strategically situated in a bustling plaza at a high-traffic intersection near Highway 7. This prime location is surrounded by a blend of commercial and residential areas, including several factories that contribute to a steady stream of customers. With ample parking and significant foot traffic, the restaurant is perfectly positioned to capitalize on the growing demand for dining options in the vicinity. Recently renovated, the restaurant offers a turnkey operation with a proven track record of steady sales growth and exciting potential for further expansion. As new condo developments are planned for the area, an influx of residents will further enhance the customer base, making this an opportune time for investment. Currently thriving as a lounge and grill, the versatile space can be adapted for various culinary concepts, subject to existing exclusivities. The restaurant comes with a transferable liquor license, accommodating up to 28 patrons, making it ideal for breakfast, lunch, dinner, private parties, and catering events. Lease terms are favorable at approximately $3, 790. 84 per month, inclusive of TMI and HST, and extend until 2027, with all agreements contingent upon landlord consent and approval. All chattels and equipment are included, with a detailed inventory available upon acceptance of an offer. This business presents a fantastic opportunity for families and newcomers eager to step into a thriving restaurant environment with solid growth potential. Don't let this exceptional opportunity pass you by. Seize the chance to make your mark in the culinary scene today!
Property Features
  • Lot Size: 0 X 0
  • Estimated annual taxes: $6793.91
  • Basement: N
  • Sale Of Business
  • Y AC
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
First Name:
Last Name:
Email address:
Phone:
Request More Information #N9768476
Your message:
Before Submitting The Form Please Answer The Following Security Question: 35 + 8 =
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
First Name:
Last Name:
Email address:
Phone:
Request More Information #N9768476
Your message:
Before Submitting The Form Please Answer The Following Security Question: 35 + 8 =
Map
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Property Rooms
Floor Room Dimensions Description
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
First Name:
Last Name:
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Phone:
Appointment Request #N9768476
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Before Submitting The Form Please Answer The Following Security Question: 35 + 8 =
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
First Name:
Last Name:
Email address:
Phone:
Appointment Request #N9768476
Your message:
Before Submitting The Form Please Answer The Following Security Question: 35 + 8 =
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