1 Industrial Parkway Unit# 2, Aurora (Aurora Grove), Ontario L4G3V9 is For Sale and has a listing price of 450,000. The property is located in the Aurora neighbourhood. It's been on the website for 42 Days.
This profitable Portuguese fried chicken restaurant in Aurora has been operating successfully for the past 15 years. Spanning 1,080 square feet, it features a seating capacity of 12 and is conveniently located in a high-traffic area with excellent visibility. The restaurant boasts a professional commercial kitchen equipped with a 12-foot hood fan, a walk-in cooler, two washrooms, and an array of other equipment. There is ample parking available with approximately 40 spots. The lease is very favorable, with a monthly rent of $3,450 (including TMI and HST) and a remaining term of 2+5 years. The restaurant generates an average annual revenue of approximately $600,000, resulting in a substantial net profit after all expenses. Operating seven days a week from 11 AM to 7:30 PM, this business has cultivated a loyal customer base. The owner is selling due to their plans to return to their home country. This presents a unique opportunity for a new owner to either expand the business into a franchise or convert it into a different type of restaurant. **EXTRAS** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. (id:43137)
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
01/13/2025 | N11921250 | $450,000 | For Sale | - | - |