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$350,000
Available - For Sale
Listing ID: N13101804
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.
Price $350,000
Taxes: $17.6
Tax Type: TMI
Occupancy by: Tenant
Address: 3255 RUTHERFORD Road , Vaughan, L4K 5Y5, York
Postal Code: L4K 5Y5
Province/State: York
Directions/Cross Streets: HWY 400 / RUTHERFORD RD
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 1,802
Total Area Code:  Square Feet
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 12:00-1
Employees #: 3
Seats: 38
Maintenance: 0
Sprinklers: Yes
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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RE/MAX ESCARPMENT REALTY INC.

3255 RUTHERFORD Road , Vaughan, L4K 5Y5, York

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: York
Municipality: Vaughan
Neighbourhood: Vellore Village
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Tax: $17.6
Maintenance Fee: $0
Beds: 0
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Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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