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$149,000
Est. payment /mo
1,775 SqFt
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
Nearby School & Business
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