For Sale

1923c Avenue Road

Old Avenue Restaurant
Uptown - Toronto
$599,000
1,700 Sq Ft
Licensed Restaurant
Licensed for 28 + 12

PROFITABLE AND HIGH PERFORMING RESTAURANT ON AVENUE ROAD IN NORTH YORK AVAILABLE! OLD AVENUE RESTAURANT SPECIALIZES IN SOUTHERN CAUCASUS CUISINE AND IT HAS BEEN A BIG HIT SINCE OPENING IN 2022. THE SALES ARE IMPRESSIVE AND THE PROFIT MARGINS ARE EVEN BETTER.

FULL TRAINING TO BE PROVIDED TO A QUALIFIED BUYER. 1,700 SQ FT LAYOUT THAT IS EASY TO STAFF AND MANAGE FOR A OWNER, AND THIS BUSINESS IS RUN HANDS-OFF MEANING THAT THE OWNER DOES NOT WORK THERE.

PLEASE DO NOT GO DIRECT OR SPEAK TO STAFF OR OWNERSHIP. GREAT LEASE RATE OF $7,230 GROSS RENT INCLUDING TMI WITH 3 + 5 + 5 YEARS REMAINING. LIQUOR LICENSE CAPACITY OF 28 INSIDE AND 12 ON THE COVERED PATIO WITH BRING YOUR OWN WINE. 1 WALK-IN FRIDGE AND A 9 FT COMMERCIAL HOOD IN THE KITCHEN.

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