2923 LAWRENCE AVENUE E, Toronto, ON M1P2T8
2923 LAWRENCE AVENUE E, Toronto, ON M1P2T8
2923 LAWRENCE AVENUE E, Toronto, ON M1P2T8
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$149,000
Est. payment /mo
1,775 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1775

Square Footage 1,775 sqft

Price per Sqft $83

Subdivision Bendale

MLS® Listing ID E13474298

Appx SqFt 1775

Property Description

Turnkey opportunity to acquire a top-rated GTA momo brand and multi-channel culinary business. Strategically located in a high-density, food-loving Scarborough hub at 2923 Lawrence Ave E within the thriving Wexford Heights BIA, this high-traffic location enjoys immense exposure near major landmarks and the annual Taste of Lawrence festival. Low rent of just $3,800/month includes TMI, with a 1+4 year lease term and the option to obtain a brand-new lease from the landlord. Boasting a stellar 4.8-star digital reputation with hundreds of glowing reviews, the business features a recession-proof revenue model spanning a high-volume takeout/delivery operation, lucrative event catering, and a proven, scalable wholesale framework distributing frozen momo packs to GTA supermarkets. Fully equipped with streamlined small-batch manufacturing systems, standardized proprietary recipes, and a fully trained kitchen staff, it operates seamlessly with minimal owner supervision. Backed by strong delivery partnerships, an active social media following, and a diverse, Halal-certified menu perfectly aligned with regional demographics, this high-margin asset is primed for immediate cash flow on Day 1 and effortless expansion across Ontario. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No


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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker License ID: 9520476

Broker License ID: 9520476

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