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Renanza Realty
For sale

8 - 1620 ALBION ROAD

Toronto (Mount Olive-Silverstone-Jamestown), Ontario

MLS® W13451694

$449,000

Status
Active
Property type
Business
MLS® number
W13451694
Bedrooms
Bathrooms
Year built

Listing description

THIS IS THE HIGH-PROFIT TURNKEY GOLDMINE YOU'VE BEEN WAITING FOR! Welcome to Govardhan Thal, an absolute staple of authentic Indian vegetarian and Gujarati cuisine, perfectly situated in a prime, high-traffic pocket of Etobicoke, ON. This phenomenal business opportunity is a dream come true for seasoned restaurateurs, family operators, or ambitious entrepreneurs looking to capitalize on an established, cult-favorite brand.

Boasting a massive and highly functional layout of approximately 2,050 square feet with seating capacity of 60 patrons, this location features incredibly cheap rent, a massive competitive advantage that keeps fixed overhead remarkably low and ensures maximum profitability from day one! The numbers speak for themselves: this operation generates, on average, an outstanding Total Monthly Revenue of $48,000 , while maintaining strictly optimized Total Monthly Expenses of just $19,000, resulting in a spectacular net income. Govardhan Thal has secured an enviable reputation and a fiercely loyal customer base who flock here to see the menu and indulge in legendary, comforting delicacies.

The fully equipped, top tier setup handles high-volume dine-in buffet crowds, massive takeout and tiffin demand and highly lucrative catering services with ease. Best of all, the versatile infrastructure offers unlimited potential to rebrand or introduce a brand new culinary concept to a hungry local market. Do not miss your chance to secure an insanely lucrative, low risk food business with an unmatched rent-to-revenue ratio in a surging Etobicoke neighborhood.

Opportunities with this level of cash flow and minimal overhead vanish instantly act fast and schedule your private viewing today before someone else takes your profit! ***Images are virtually staged along with people shown. *** Buyer / Buyer's representative to conduct their own due diligence on all business-related information.

Property summary

MLS® number
W13451694
Property type
Business
Land size
1199.26 x 829.49 FT
Days on market
77 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Appliances
Freezer, Furniture

What would this home cost you?

Based on the $449,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,089 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD, BRAMPTON.

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.