2891 DANFORTH AVENUE
Toronto (East End-Danforth), Ontario
MLS® E13665130
$299,000
- Status
- Active
- Property type
- Business
- MLS® number
- E13665130
- Bedrooms
- —
- Bathrooms
- 3
- Year built
- —
1 / 29Listing description
Rare opportunity to own a well-established, family-owned Bangladeshi/Halal restaurant in a high-traffic Danforth Avenue location. Khazana Queen offers authentic Bengali cuisine, renowned biryani specialties, a loyal customer base, and a vibrant dining atmosphere. This fully equipped, operating business is an excellent turnkey opportunity for an experienced restaurateur or entrepreneur.
The restaurant features approximately 1,800 sq. ft including the main floor and lower level, with seating for approximately 65 guests, including 45 on the main floor and 20 downstairs. The current owner has invested over $100,000 in renovations and improvements.
Reported monthly gross sales are approximately $40,000-$45,000, with an approximate 15% profit margin. The business currently employs 12 staff members, and the owner is willing to provide training and transition support to the new operator. The premises are fully equipped with central A/C and heating, cooling units, commercial stove, commercial hood, commercial faucet, deep fridges, coolers/freezers, commercial fans, TV, central music system, microphone, POS system, new chairs, furniture, and more.
Three washrooms are available, including one full washroom. Two dedicated parking spaces are also included. Lease: Approximately $2,333/month including TMI, with approximately 1+3 years remaining and renewal likely.
Tenant responsible for water, hydro, gas, and hot water rental. Strong online presence with active website, social media, and online ordering platform. Ideally located at 2891 Danforth Avenue, surrounded by a busy commercial plaza with excellent foot and vehicle traffic.
A true turnkey opportunity with an established operation, loyal clientele, attractive lease, extensive equipment, and training support.
Property summary
- MLS® number
- E13665130
- Property type
- Business
- Land size
- Unit=19.33 x 104 FT
- Parking
- Other
- Days on market
- 55 days
Features & details
- Heating
- Other
- Cooling
- Fully air conditioned
- Appliances
- Freezer, Hood Fan, Furniture
What would this home cost you?
Based on the $299,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RIGHT AT HOME REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.