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$248,000
Available - For Sale
Listing ID: N13433964
Exceptional opportunity to acquire a fully equipped, turnkey restaurant and hospitality space in a prime Vaughan location, approximately 10 minutes from Canada's Wonderland.Ideal for an established restaurateur looking to open a second or third location, expand an existing brand, introduce a new concept, or enter the Vaughan market without the significant time and cost of a full build-out. The space may also suit a pizzeria, bakery, café, franchise concept, banquet or event operator, catering business, hospitality group or owner-operator, subject to landlord approval and permitted use. The premises offer approximately 3,300 sq. ft. of beautifully renovated space, approximately 128 seats, an outdoor patio, 20+ parking spaces, liquor licence, wood-fired pizza oven, walk-in fridge and freezer, full commercial kitchen, plus extensive furniture, fixtures, equipment and inventory. Significant investment has already been made in the leasehold improvements and restaurant infrastructure, giving the next operator the opportunity to rebrand, introduce their own concept and begin operating without taking on a major build-out. Located in a high-traffic Vaughan area surrounded by established residential communities and commercial amenities. The business is being sold together with the assignment of the existing lease, running until 2029 with renewal options, subject to landlord approval.
Price $248,000
Minimum Rental Term: 60
Taxes: $11,584.54
Tax Type: TMI
Occupancy by: Owner
Address: 3991 Major Mackenzie Drive , Vaughan, L4H 4G1, York
Postal Code: L4H 4G1
Province/State: York
Directions/Cross Streets: Major Mackenzie / Vellore Ave
No. of Pieces Level
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Washroom 45:  0
Category: Without Property
Use: Restaurant
Total Area: 0
Retail Area Code: Sq Ft
Business/Building Name: Spizzico Ristorante
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: Operati
Employees #: 0
Seats: 128
Maintenance: 0
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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RE/MAX WEST REALTY INC.

3991 Major Mackenzie Drive , Vaughan, L4H 4G1, York

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Sale Of Business
Area: York
Municipality: Vaughan
Neighbourhood: Vellore Village
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Tax: $11,584.54
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949