About this Business in Waterfront Communities C1
Here is the text transcribed from the image:A high-performing Japanese Izakaya that consistently draws a young, trendy crowd and delivers strong volume, with approximately $1.5M in gross sales over the last 12 months. Estimated costs are highly workable at roughly ~30% payroll and ~30% food cost, leaving plenty of room to keep maximizing profit with the current concept, or swap cuisines easily in a space built for throughput.The restaurant offers approximately 5,688 sq ft wit…h a large ~1,200 sq ft kitchen, featuring a 16-ft commercial hood, plus a 10' x 10' walk-in cooler and 10' x 10' freezer (both only 2 years old). Seating is 98 chairs, and the LLBO is approved for 180 seats including patio, incredible for high-volume dine-in, events and late-night service. The lease provides long-term stability with 8 years remaining + option, and rent is $21k/month inclusive of TMI. This is a turnkey, revenue-proven spot with the size, licensing, and equipment to scale. Don't miss this opportunity.
Listed by RIGHT AT HOME REALTY.
Here is the text transcribed from the image:A high-performing Japanese Izakaya that consistently draws a young, trendy crowd and delivers strong volume, with approximately $1.5M in gross sales over the last 12 months. Estimated costs are highly workable at roughly ~30% payroll and ~30% food cost, leaving plenty of room to keep maximizing profit with the current concept, or swap cuisines easily in a space built for throughput.The restaurant offers approximately 5,688 sq ft with a large ~1,200 sq ft kitchen, featuring a 16-ft commercial hood, plus a 10' x 10' walk-in cooler and 10' x 10' freezer (both only 2 years old). Seating is 98 chairs, and the LLBO is approved for 180 seats including patio, incredible for high-volume dine-in, events and late-night service. The lease provides long-term stability with 8 years remaining + option, and rent is $21k/month inclusive of TMI. This is a turnkey, revenue-proven spot with the size, licensing, and equipment to scale. Don't miss this opportunity.
Listed by RIGHT AT HOME REALTY.
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Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
More Details
- Type: Business
- Size: 5,688 sqft
- Property Use Type: Restaurant
- $/SQFT: $122.89