200 Marycroft Avenue E 13

About this home

This fully licensed and equipped "Lamasu Lounge and grill" restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity!

Details

Type

Sale Of Business

Garage

None

Property tax

$2,794 (2025)

Neighbourhood

Pine Valley Business Park

Municipality

Vaughan

Heating, cooling and services

Heating

Gas Forced Air Closed

Air conditioning

Yes

Building and exterior

Building area

1,500 Square Feet

More

Possession

Immediate

Cross street

Marycroft and Highway 7

Business type

Restaurant