Jag Patel
Broker
$198,000
Available - For Sale
Listing ID: W13470852
5487 Dundas Street West , Toronto, M9B 1B5, Toronto
| LONZO'S IS A WELL ESTABLISHED PROFITABLE FRANCHISE RESTAURANT FOR SALE, IDEALLY LOCATED IN A HIGH TRAFFIC AREA AT THE CORNER OF DUNDAS/ SHORNCLIFFE ROAD. THE BUSINESS BENEFITS FROM EXCELLENT VISIBILITY AND STEADY CUSTOMER FLOW, WITH CLOSE PROXIMITY TO THE SUBWAY AND NUMEROUS CONDOMINIUM BUILDINGS. THE RESTAURANT GENERATED APPROXIMATELY $500,000.00 IN SALES FOR 2025!! AND ACHIEVED A NET PROFIT OF APPROXIAMATELY $90,000.00. THE OPERATION OD CURRENTLY SUPPORTED BY FOUR EMPLOYEES, AND A LONGTERM LEASE IS IN PLACE, OFFERING STABILITY AND PEACE OF MIND FOR A NEW COMER. THIS IS AN EXCELLENT OPPORTUNITY FOR AFAMILY RUN BUSINESS. AN OWNER OPERATOR, OR AN INVESTOR LOOKING TO ENTER OR EXPAND WITHIN THE RESTAURANT INDUSTRY. FINANCIAL FIGURES ARE PROVIDED BY THE SELLER AND SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS |
| Price | $198,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 5487 Dundas Street West , Toronto, M9B 1B5, Toronto |
| Postal Code: | M9B 1B5 |
| Province/State: | Toronto |
| Legal Description: | Restaurant, Without Property |
| Directions/Cross Streets: | Dundas/Shorncliff |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 750.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 6-15 |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 10 |
| Employees #: | 4 |
| Seats: | 15 |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary Availa |
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| PONTIS REALTY INC. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto W08 |
| Neighbourhood: | Islington-City Centre West |
| Approximate Age: | 6-15 |
| Fireplace: | N |
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