#21 1118 Centre Street, Vaughan (Beverley Glen) - Business for Sale
#21 1118 Centre Street, Vaughan (Beverley Glen), Ontario, L4J7R9
This business in Vaughan is for sale offering roughly 1,200 sq ft of space. It has been on the market 50 days, fresher than the Vaughan average of 72 days.
Description
An incredible opportunity to acquire a well-established and highly recognized shawarma takeout restaurant located in a very busy commercial plaza near Centre & Dufferin in Thornhill! Strategically positioned in a high-traffic plaza with strong visibility, loyal clientele, and excellent surrounding demographics, this location has successfully served the community for over a decade. The business has built a massive customer database, strong local brand recognition, and consistent catering revenue with tremendous potential for further growth and expansion. The new owner can continue operating under the existing well-established brand or bring in a new brand and concept, providing flexibility to suit their vision. There is also an option to purchase this location together with the second established location on Bathurst & Lawrence in North York. The location comes fully equipped and furnished with a commercial kitchen setup, including a commercial exhaust hood, 2 shawarma grill stands, grillers, fryers, walk- in freezer & fridge, prep stations, and more. Turnkey operation ideal for owner operators, investors, or experienced restaurateurs looking to expand. Benefit from attractive long-term lease terms and exceptionally low rental rates. Rare chance to take over a thriving, profitable operation with established systems, strong community presence, and a loyal customer base. (id:66096)
Property Details
- MLS®
- N13795984
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,200 ft²
- Frontage
- 20 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 50 days ago
Features
- Appliances
- Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 50 days on market, against an average age of 72 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Vaughan (Beverley Glen) has been listed for 50 days, which is 22 days fresher than the city average of 72. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4J)
This home lists at $349,999, about 3.0× the local median household income of $115,000.
Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $115,000
- Population
- 75,120
- Median age
- 45.6
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA L4J)
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$349,999
Vaughan