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For Sale

200 Marycroft Avenue E 13, Vaughan, ON L4L 5X9

$199,000

  • Sale Of Business
  • MLS® N13529236

Listing Brokerage: HOMELIFE KINGSVIEW REAL ESTATE INC.

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

MLS® number
N13529236
Transaction
For Sale
Property type
Commercial
Style / use
Sale Of Business
Community
Pine Valley Business Park
City
Vaughan
Building area
1500 Square Feet
Heating
Gas Forced Air Closed
Cooling
Yes
Garage
None
Taxes
$2,793.91
Tax year
2025
Business type
Restaurant
Retail area
1500
Listing brokerage
HOMELIFE KINGSVIEW REAL ESTATE INC.

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