1,802 ft2
Fully Air Conditioned
Forced Air
$499,000
Turnkey opportunity to acquire a well-established South Asian franchise premium fine dining restaurant in a prime Vaughan location, just minutes from Hwy 400. This high-visibility site offers strong exposure and consistent traffic, making it ideal for both experienced operators and new entrants to the hospitality space. The business operates 7 days a week from 12:00 PM to 10:00 PM and is fully equipped for immediate takeover. The premises include a beautifully designed main dining area with seating for approx 38 guests, along with an additional covered and heated patio space of approx. 1,800 sq. ft., accommodating a further approx 28 guests, providing extended seasonal usability and enhanced revenue potential. Total rent, including HST, is $6,380/month. The current lease is secured until September 30, 2030, with an additional 5-year renewal option, offering long-term stability. For qualified buyers, and an appraisal report is also available. Flexibility exists to continue operating under the existing franchise or rebrand to a different concept or cuisine, subject to landlord and franchise approval. Inventory is extra. A rare opportunity to acquire a premium dining establishment in one of Vaughan's most sought-after commercial corridors. (id:55499)
Business
|
Business Type
|
Restaurant |
|
Business Sub Type
|
Restaurant/pub |
Property Details
|
MLS® Number
|
N13101804 |
|
Property Type
|
Business |
|
Community Name
|
Vellore Village |
|
Amenities Near By
|
Highway, Public Transit |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1,802 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Highway, Public Transit |
|
Zoning Description
|
1-21: Gmu |
https://www.realtor.ca/real-estate/29722010/bldg-h-14-3255-rutherford-road-vaughan-vellore-village-vellore-village