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1235 Ellesmere Road Image 1

$110,000

May 20Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #E12160919

1235 Ellesmere Road, Toronto E09, ON M1P 2X8

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Average Price
11000000.0%
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Price Comparison

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 1235 Ellesmere Road

Rare Opportunity To Own An Established, Highly Profitable Shisha Lounge! Located In A High Traffic Commercial Plaza With Lots Of Foot Traffic And Directly Off Of Ellesmere Road In Scarborough With Lots Of Parking. Lounge Features An Indoor Space Accommodating Approximately 75 People and a Basement Area Serving As An Event Space to Bring In Additional Revenue. Take Advantage Of The Current 5+5 Year Lease With Ultra Low Rent. It's A Turnkey Operation, Perfect For Anyone Seeking An Established Business With Existing Clientele. Great Location W/ Plenty of Parking. All Chattels And Equipment Are Incl. Current Rent of $2500+HST includes T.M.I., + All Utilities Excpt Hydro. Currently on a 5 Yr Lease Term w/ an Option to Renew in 2028.

Home Overview

Last updated

May 20

Virtual tour

None

Basement information

Building size

980

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX METROPOLIS REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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