$450,000
( $416.67Per Sq Foot )
 $2,416 est/mo Sourced by Back At You

#2 - 1 Industrial Parkway , Aurora, ON L4G 3V9

Aurora, ON L4G 3V9

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Description

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.

Details

MLS#N11921250
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site70
Listing Provided ByREAL ONE REALTY INC. | Not Provided

Features

Bath(s)2
SQ Feet1,080
Acreage0.02
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

ProvinceON
RegionYork
CityAurora
Postal CodeL4G 3V9
AreaAurora Grove
Listing VS Median (In L4G 3V9)
Price:
$450,000
low | high
Med:
$450,000
50% of Average
SqFt:
1,080
low | high
Med:
1,080
50% of Average
$ / SqFt:
$417
low | high
Med:
$417
50% of Average
On site:
70
low | high
Med:
70.000000
100% of Average
Sourced by Back At You
Listing Updated: February 18, 2025 at 5:07:00 PM PST