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$ 499,000
Est. payment | /mo
$ 499,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Vellore Village
MLS Listing ID N13101804
Annual Tax Amount $17
Tax Year 2026
Property Sub-Type Sale Of Business
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.
Location
Province ON
County York
Area York
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Others
Security Features Yes
ParcelsYN No
Listed by RE/MAX ESCARPMENT REALTY INC.
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