$300,000

About this listing

Rare opportunity to acquire a well-established and profitable bar & restaurant in the heart of Scarborough. First time offered for sale in 30 years, this long-standing business has been successfully operated by the same owner and has built a loyal customer base with strong repeat clientele. Prime location on busy Kingston Rd with excellent exposure, ample plaza parking, and surrounded by high-density residential neighbourhoods, providing steady walk-in and local business. Approx. 2,000 sq. ft. of fully equipped turnkey space featuring a commercial hood, walk-in coolers, LLBO licence, and seating for 141 guests total (85 upstairs, 45 downstairs, 11 patio). Additional basement entertainment area with pool tables adds extra revenue potential. Current gross rent is approximately $9,100/month including TMI and HST (base rent $4,600). Current lease runs until December 2026, with two renewal options of 5 years each (5+5), offering excellent long-term potential. Excellent opportunity for owner-operators or investors to continue a successful operation or bring their own concept. Please do not go direct or speakto staff.