This is a renowned restaurant with a strong base of loyal customers, located in an affluent neighborhood with a long-standing history. The current owner is retiring after over 30 years of continuous and successful operation.Situated in a high-growth area with significant future redevelopment potential, this business presents an exceptional opportunity for the right operator.The current lease has approximately 2 years remaining. The landlord is open to working with a qualified buyer on a new lease, offering the potential for a long-term arrangement including a 5-year term with a 5-year renewal option, subject to landlord approval.The sale includes all business assets, equipment, chattels, goodwill, and leasehold interest (subject to landlord approval).The space is well-suited for a variety of concepts, including Japanese cuisine, fusion, or other dining formats.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1300 sq. ft. Square Feet
Total Area:
1,300 sq. ft.121 m2
Retail Area:
1300 sq. ft. Sq Ft
Lot Depth:
0'0 m
Lot Frontage:
0'0 m
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Hot Water
Garage:
Reserved/Assignd
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 /
2026
Assessment:
$- /
-
Toronto
Toronto W07
Stonegate-Queensway
Chattels and Equipment included in the purchase price can be provided.
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