$199,000
Unit 13 - 200 Marycroft Ave E
Vaughan, ON L4L 5X9
Unit 13 - 200 Marycroft Ave E, Vaughan — Listed at $199,000 Sale Of Business. MLS® N13529236.
Possession · seller's timeline
Immediate
Description
This fully licensed and equipped "Lamasu Lounge and grill" restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity!
Property Details
Business Details
Commercial Space & Financials
Property Insights
Listing Courtesy of: HOMELIFE KINGSVIEW REAL ESTATE INC.
MLS® #N13529236
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About Vaughan Real Estate
This Sale Of Business is located in the Pine Valley Business Park community in Vaughan. Vaughan is one of the fastest-growing cities in the GTA, anchored by the Vaughan Metropolitan Centre and the Toronto-York Spadina subway extension. Families are drawn to master-planned communities in Kleinburg and Woodbridge, while the 400/407 interchange makes it a logistics and commuter hub. Canada's Wonderland and the Kortright Centre add lifestyle appeal.