• Office: 416-747-9777
  • Mobile: 647-241-2804
  • Fax: 416-747-7135

$450,000
Available - For Sale
Listing ID: N11921250
1 Industrial Pkwy South , Unit 2, Aurora, L4G 3V9, Ontario


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.
Price $450,000
Taxes: $0.00
Tax Type: Annual
Occupancy by: Tenant
Address: 1 Industrial Pkwy South , Unit 2, Aurora, L4G 3V9, Ontario
Apt/Unit: 2
Postal Code: L4G 3V9
Province/State: Ontario
Legal Description: PT BLK B PL 535 AURORA PT 1 65R9035, EXC
Lot Size: 102.00 x 220.00 (Feet)
Directions/Cross Streets: Wellington St & Yonge St
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1080.00
Total Area Code:  Sq Ft
Retail Area: 300
Retail Area Code: Sq Ft
Business/Building Name: The Chicken Place
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11-7:30
Employees #: 4
Seats: 12
LLBO: N
Washrooms: 2
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REAL ONE REALTY INC.
Personal Picture
Fizza Nasir
Sales Representative
Dir:
647-241-2804
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Aurora
Neighbourhood: Aurora Grove
Style:
Lot Size: 102.00 x 220.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 2
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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