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.
MLS# | N11921250 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 70 |
Listing Provided By | REAL ONE REALTY INC. | Not Provided |
Bath(s) | 2 |
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SQ Feet | 1,080 |
Acreage | 0.02 |
Province | ON |
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Region | York |
City | Aurora |
Postal Code | L4G 3V9 |
Area | Aurora Grove |
Listing VS Median (In L4G 3V9) | |
Price: $450,000 low | high Med: $450,000 SqFt: 1,080 low | high Med: 1,080 $ / SqFt: $417 low | high Med: $417 On site: 70 low | high Med: 70.000000 |