221 Spadina Ave

Toronto, Kensington-Chinatown

MLS®: C5435047

2300.00 sqft

$199,000

7 months ago

Viewed 9 times

For Sale

Description

Established Fried Chicken Fast Food Restaurant In The Heart Of Chinatown. Corner Aaa Location With Great Exposure On Spadina. 2 Year Old Equipment & Leasehold Improvement, Estimated Cost Of Over $300,000. Business Could Continue Operation As Gdaus Juicy Chicken Or A New Food Concept. Pre-Covid Sales Average 50K/Month. Rent 9700/Month. Gross Inc. Tmi. Lease 3+5.

Extra

Small Business Loan Up To $150,000 Could Be Arranged By Seller's Representative To Qualified Buyer With Minimum $100,000 Unencumbered Capital And Net Worth Of $500,000 & Good Credit. Do Not Talk To Employees Or Manager.

Key Facts

  • Taxes: $12
  • MLS#: C5435047
  • Price: $199,000
  • Status: Sale
  • Type: Sale Of Business
  • Style: n/a
  • Size: 2300.00
  • Updated: 2021-11-17 15:21:05.0
  • Year Built: n/a

Property

  • Type: Sale Of Business

Commercial General

  • Depth: 0.00
  • Lot Front: 0.00
  • List Price Code: For Sale
  • Lot/Bldg/Unit Code: Building
  • Lot Size Code: Feet
  • Air Conditioning: Y
  • Elevator: None
  • Garage: Street
  • Heating: Gas Forced Air Closd
  • Possession Date: Immed
  • Seller Property Info Statement: N
  • Zoning: Commercial
  • Type: B.
  • Taxes: $12
  • Tax Year: 2021
  • Use: Fast Food/Take Out
  • Chattels: Y
  • Business/Building Name: Gdaus Fried Chicken
  • Employees: 2
  • Expenses Actual/Estimated: Est
  • Financial Statement: Y
  • Franchise: N
  • Freestanding: N
  • Gross Income/Sales: 600000
  • Hours Open: 11A-7Pm
  • LLBO: N
  • Category: Without Property
  • Rail: N
  • Retail Area: 1800
  • Retail Area Code: Sq Ft
  • Seats: 30
  • Sprinklers: N
  • Total Area: 2300.00
  • Total Area Code: Sq Ft
  • Type Taxes: T.M.I.
  • Utilities: A
  • Year Expenses: 2021
  • Orig lp cd: For Sale

Price History

Updated Price Event
$199,000 Listed For Sale
$XXX,XXX Sold
$XXX,XXX Listed

Map

Updated: 17 Nov, 2021. Days On Market: 1 Days

Listing By: HOMELIFE/RESPONSE REALTY INC., BROKERAGE Information Updated: 2021-11-17 15:21:05.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.

More About This Property

Rick Malhi

Sales Representative
CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE

Our Address

208-5 Brisdale Dr,
Brampton, ON, L7A 0S9
+1-905-783-5700