1387 Lawrence Avenue Image 1

$216,000

$225,000
4.0% dropped

Last price change 2 days ago

Jan 30Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #W11946799

1387 Lawrence Avenue, Toronto W04, ON M6M 2V8

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Price Comparison

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 1387 Lawrence Avenue

Substantial Sales Recorded in Six Digids in 2024. Licenced for 112+90 Seats, 4+5 Years Lease Term. Owner is retiring. For A Restaurant The Location Is Everything! Choosing the right location is absolutely critical.You Can Offer A Great Food But If You Have No Foot Traffic To Sell It To, Business Is Not Going Anywhere! Flame Bar And Grill At A Busy Intersection Of Keele And Lawrence Offers It All! Large Interior Floor Size, Ample Storage Space, Large Plaza Location With Major Anchor Tenants Such As Lcbo, Tim Hortons, Metro, Walmart, Dollarama, Penguin Pick Up, Etc. Enormous Amount Of Customers Daily, Walk-Ins, Drive By`S, And Huge Exposure For Your Business. Alone The Location Worth An Attention For A Business Owner! Majority Of Chattels Owned And Included, Many Improvements To The Business Completed, 10k In Security Cameras Installed, Additional Large Tvs For Sports Events, Large Clientele Base. Opportunity For Further Growth And To Diversify Your Food Offerings. Good Working Hours. Established For Close To 30 Years And Successfully Run Here. Separate Streams Of Income With Quick-Service And Full Sit Down Eat-In Areas, Separate Liquor Bar/Lounge Area For Your Evening Parties, Events And Entertainment. All In One Place. Approx. 2460 Sqf Of Main Floor Area, Plus Fully Finished Lower Floor Area, Lots Of Parking At The Plaza, Your Guests Will Never Be Jammed Here. If You Are In The Market, Sure You Have Seen Places, But Not Many Worth The Attention. This One Must Be Seen To Appreciate The Current And Further Potential! Seller Is Willing To Offer A Training To A New Owner. Transferable Liquor Licence. **EXTRAS** All Equipment is Owned Except 2 Pos Terminals, Operating Name is Included, Turn Key Operations. See it now!

Home Overview

Last updated

2 days ago

Virtual tour

None

Basement information

Building size

2463

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX PREMIER INC.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$824.97/ month
$172,800 Principal and Interest
$207,360 Property Taxes

Location

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Walk Score for 1387 Lawrence Avenue

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