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$198,000
Available - For Sale
Listing ID: W13470852
LONZO'S IS A WELL ESTABLISHED PROFITABLE FRANCHISE RESTAURANT FOR SALE, IDEALLY LOCATED IN A HIGH TRAFFIC AREA AT THE CORNER OF DUNDAS/ SHORNCLIFFE ROAD. THE BUSINESS BENEFITS FROM EXCELLENT VISIBILITY AND STEADY CUSTOMER FLOW, WITH CLOSE PROXIMITY TO THE SUBWAY AND NUMEROUS CONDOMINIUM BUILDINGS. THE RESTAURANT GENERATED APPROXIMATELY $500,000.00 IN SALES FOR 2025!! AND ACHIEVED A NET PROFIT OF APPROXIAMATELY $90,000.00. THE OPERATION OD CURRENTLY SUPPORTED BY FOUR EMPLOYEES, AND A LONGTERM LEASE IS IN PLACE, OFFERING STABILITY AND PEACE OF MIND FOR A NEW COMER. THIS IS AN EXCELLENT OPPORTUNITY FOR AFAMILY RUN BUSINESS. AN OWNER OPERATOR, OR AN INVESTOR LOOKING TO ENTER OR EXPAND WITHIN THE RESTAURANT INDUSTRY. FINANCIAL FIGURES ARE PROVIDED BY THE SELLER AND SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS
Price $198,000
Taxes: $0
Tax Type: Annual
Occupancy by: Owner+T
Address: 5487 Dundas Street West , Toronto, M9B 1B5, Toronto
Postal Code: M9B 1B5
Province/State: Toronto
Legal Description: Restaurant, Without Property
Directions/Cross Streets: Dundas/Shorncliff
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
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 750
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 6-15
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 10
Employees #: 4
Seats: 15
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: Yes
Sewers: Sanitary Availa
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Down payment: $  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
PONTIS REALTY INC.

5487 Dundas Street West , Toronto, M9B 1B5, 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 W08
Neighbourhood: Islington-City Centre West
Style:
Lot Size: x 18.00(Feet)
Approximate Age: 6-15
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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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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