• Mobile: 416.877.3047
  • Office: 905-272-5000
  • Fax: 905-270-0047

$195,000
Available - For Sale
Listing ID: W12103107
1387 Lawrence Aven West , Toronto, M6M 2V8, Toronto


Substantial sales recorded in 6 digits in 2024. Licenced for 112+90 seats, 4+5 years lease term. owner is retiring. For a restaurant the location is everything! Choosing the right location is absolutely critical. You can offer a great food but if you have no foot traffic to sell it to, business is not going anywhere! Flame Bar and Grill at a busy intersection of Keele and Lawrence offers it all! Large interior floor size, ample storage space, large plaza location with major anchor tenants such as LCBO, Tim Hortons, Metro, Walmart, Dollarama, Penguin Pick-up, etc. Enormous amounts of customers dailt, walk-ins, drive by's and huge exposure for your business. Alone the location worth an attention for a business owner! Majority of chattels owned and included, many improvements to the business completed, 10k in security cameras installed, additional large tvs for sports events, large clientele base. Opportunity for further growth and to diversify your food offerings. Good working hours. Established for close to 30 years and successfully run here. Seperate streams of income with quick-service and full sit down eat in areas, separate liquor bar/lounge area for your evening parties, events and entertainment. All in one place. Approx 2460 sqft of main floor area, plus fully finished lower floor area, lots of parking at the plaza, your guests will never be jammed here. If you are in the market, sure you have seen places, but not many worth the attention. This one must be seen to appreciate the current and further potential! seller is willing to offer training to a new owner. Transferable liquor license. **EXTRAS** All equipment is owned except 2 pos terminals, operating name is included, turn key operations. See it now!
Price $195,000
Taxes: $5600.00
Tax Type: TMI
Monthly Condo Fee: $0
Occupancy: Owner
Address: 1387 Lawrence Aven West , Toronto, M6M 2V8, Toronto
Postal Code: M6M 2V8
Province/State: Toronto
Directions/Cross Streets: KEELE ST/LAWRENCE AVE
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 2463.00
Total Area Code:  Square Feet
Office/Appartment Area: 10
Office/Appartment Area Code: %
Office/Appartment Area Code: %
Retail Area Code: %
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: varies
Employees #: 5
Seats: 115
Expenses Actual/Estimated: $Act
Sprinklers: Yes
Washrooms: 2
Rail: N
Clear Height Feet: 0
  Height Feet: 0
  Height Feet: 0
  Height Feet: 0
Height Feet: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX PREMIER INC.
Personal Picture
Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-272-5000
Fax:
905-270-0047
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W04
Neighbourhood: Brookhaven-Amesbury
Style:
Lot Size: x 111.95(Feet)
Approximate Age:
Tax: $5,600
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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