2620 Danforth Ave

Toronto,Ontario M4C1L7

$289,000

For Sale
Sale Of Business
Without Property
Bar/Tavern/Pub
NA Bath
1425.00 Sq Ft
Add To Favorite
WalkScore®
TransitScore®


Key Facts

Taxes
$10,000 / 2018 / Annual
Area
Toronto
Lot Size
0.00 X 0.00 Feet Unit
Basement
Yes
Freestanding
No
MLS#
E4211139
Days On Market
Sign In to View
Neighbour hood
Danforth
Main Intersection
E. Of Main / N. Of Danforth

Share this Listing


Property Description

Prime Location At The Corner Of Danforth And Main Street Steps To Main Subway. A Tavern Bar & Lounge And Sport Restaurant Just Renovated For Few Months With More Than $300,000 Worth Of Renovation And Leasehold Improvement With Snooker Table. Suitable To Variety Of Restaurant.

Buyer Requires To Sign New Lease With The Landlord. Net Rent $3,600 + $834 Property Tax Per Month With Annual Escalation Of 5% + Hst + Personal Guarantee.

Utilities

Heat Type

  • Gas Forced Air Open

Air Conditioning

  • Yes

Water

  • Municipal

Property / Lot Details

Zoning

  • Commercial/Retail

Parking

Garage Type

  • None

Finacial

Franchise

  • No

Chattels

  • Yes

Days Open

  • 7

Hours Open

  • 12-2

Employees

  • 2

LLBO

  • Yes

Taxes Expense

  • 10000

Insurance Expense

  • 3000

Heat Expenses

  • 6000

Hydro Expense

  • 6000

Water Expense

  • 6000

Gross Income/Sales

  • 468000

Operating Expenses

  • 340000

Net Income Before Debt

  • 128000

Estim Inventory Values At Cost

  • 20000

Expenses Actual/Estimated

  • Est

Year Expenses

  • 2018

Listed By: VISAR REALTY INC., BROKERAGE

Choose:



Similar Properties