1235 Ellesmere Rd, Toronto, M1P 2X8

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Description

Rare Opportunity To Own An Established, Highly Profitable Shisha Lounge! Located In A High Traffic Commercial Plaza With Lots Of Foot Traffic And Directly Off Of Ellesmere Road In Scarborough With Lots Of Parking. Lounge Features An Indoor Space Accommodating Approximately 75 People and a Basement Area Serving As An Event Space to Bring In Additional Revenue. Take Advantage Of The Current 5+5 Year Lease With Ultra Low Rent. It's A Turnkey Operation, Perfect For Anyone Seeking An Established Business With Existing Clientele. Great Location W/ Plenty of Parking. All Chattels And Equipment Are Incl. Current Rent of $2500+HST includes T.M.I., + All Utilities Except Hydro & Gas. Currently on a 5 Yr Lease Term w/ an Option to Renew in 2028.

13 days

On Market

Sale Of Business

Property Type

$0 / Year

Est. Annual Taxes

Without Property

Style

Outside/Surface

Garage

Y

Basement

Location & Areas