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Vaughan, ON L4K 5Y5
Price
$350,000
Building Size
1,802 sq ft
MLS# N13101804 | Listed by RE/MAX ESCARPMENT REALTY INC.
Business Details
Business Type
Restaurant
Property Use
Without Property
Hours / Days
Open 7 Days
Franchise
Yes
Commercial Space & Financials
Retail Area
60 sq ft
TMI
$17.60/SF
Property Description
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.
Price & Status History
Price history is locked
Location
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3255 RUTHERFORD Road, Vaughan L4K 5Y5
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Listing Courtesy of: RE/MAX ESCARPMENT REALTY INC.
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