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$449,000
Available - For Sale
Listing ID: W13451694
THIS IS THE HIGH-PROFIT TURNKEY GOLDMINE YOU'VE BEEN WAITING FOR! Welcome to Govardhan Thal, an absolute staple of authentic Indian vegetarian and Gujarati cuisine, perfectly situated in a prime, high-traffic pocket of Etobicoke, ON. This phenomenal business opportunity is a dream come true for seasoned restaurateurs, family operators, or ambitious entrepreneurs looking to capitalize on an established, cult-favorite brand. Boasting a massive and highly functional layout of approximately 2,050 square feet with seating capacity of 60 patrons, this location features incredibly cheap rent, a massive competitive advantage that keeps fixed overhead remarkably low and ensures maximum profitability from day one! The numbers speak for themselves: this operation generates, on average, an outstanding Total Monthly Revenue of $48,000 , while maintaining strictly optimized Total Monthly Expenses of just $19,000, resulting in a spectacular net income. Govardhan Thal has secured an enviable reputation and a fiercely loyal customer base who flock here to see the menu and indulge in legendary, comforting delicacies. The fully equipped, top tier setup handles high-volume dine-in buffet crowds, massive takeout and tiffin demand and highly lucrative catering services with ease. Best of all, the versatile infrastructure offers unlimited potential to rebrand or introduce a brand new culinary concept to a hungry local market. Do not miss your chance to secure an insanely lucrative, low risk food business with an unmatched rent-to-revenue ratio in a surging Etobicoke neighborhood. Opportunities with this level of cash flow and minimal overhead vanish instantly act fast and schedule your private viewing today before someone else takes your profit! ***Images are virtually staged along with people shown.*** Buyer / Buyer's representative to conduct their own due diligence on all business-related information.
Price $449,000
Taxes: $0
Tax Type: N/A
Assessment Year: 2025
Occupancy by: Owner
Address: 1620 Albion Road , Toronto, M9V 4B4, Toronto
Postal Code: M9V 4B4
Province/State: Toronto
Directions/Cross Streets: Albion Rd & Finch Ave W
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 0
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 12 noon
Employees #: 6
Seats: 45
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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HOMELIFE/MIRACLE REALTY LTD

1620 Albion Road , Toronto, M9V 4B4, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W10
Neighbourhood: Mount Olive-Silverstone-Jamestown
Style:
Lot Size: x 829.49(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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