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$248,000
Available - For Sale
Listing ID: N13433964
3991 Major Mackenzie Drive , Vaughan, L4H 4G1, York


Exceptional opportunity to acquire a fully equipped, turnkey restaurant and hospitality space in a prime Vaughan location, approximately 10 minutes from Canada's Wonderland.Ideal for an established restaurateur looking to open a second or third location, expand an existing brand, introduce a new concept, or enter the Vaughan market without the significant time and cost of a full build-out. The space may also suit a pizzeria, bakery, café, franchise concept, banquet or event operator, catering business, hospitality group or owner-operator, subject to landlord approval and permitted use. The premises offer approximately 3,300 sq. ft. of beautifully renovated space, approximately 128 seats, an outdoor patio, 20+ parking spaces, liquor licence, wood-fired pizza oven, walk-in fridge and freezer, full commercial kitchen, plus extensive furniture, fixtures, equipment and inventory. Significant investment has already been made in the leasehold improvements and restaurant infrastructure, giving the next operator the opportunity to rebrand, introduce their own concept and begin operating without taking on a major build-out. Located in a high-traffic Vaughan area surrounded by established residential communities and commercial amenities. The business is being sold together with the assignment of the existing lease, running until 2029 with renewal options, subject to landlord approval.
Price $248,000
Minimum Rental Term: 60
Taxes: $11584.54
Tax Type: TMI
Occupancy: Owner
Address: 3991 Major Mackenzie Drive , Vaughan, L4H 4G1, York
Postal Code: L4H 4G1
Province/State: York
Directions/Cross Streets: Major Mackenzie / Vellore Ave
Washroom Type No. of Pieces Level
Washroom Type 1 0
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Washroom Type 19 0
Washroom Type 20 0
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Washroom Type 43 0
Washroom Type 44 0
Washroom Type 45 0
Category: Without Property
Use: Restaurant
Total Area: 0.00
Retail Area Code: Sq Ft
Business/Building Name: Spizzico Ristorante
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: Operati
Employees #: 0
Seats: 128
Washrooms: 2
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX WEST REALTY INC.
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Vaughan
Neighbourhood: Vellore Village
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $11,584.54
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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