4630 Victoria Avenue Sold Invalid date

Lincoln, L0R 2E0

$69,900$000000

Description

Listed by ROYAL LEPAGE NRC REALTY.

Exciting opportunity awaits to own a thriving business in the heart of the Niagara region! This well-established Chinese restaurant, with over 15 years of local popularity and an impressive Google rating, is perfectly positioned near the upcoming residential development site (Prudhommes), ensuring a steady stream of customers. Additionally, the proximity to numerous farms and renowned vineyards guarantees a consistent flow of patrons. Situated on a major highway (QEW) that attracts tourists and customers from the USA, the growth potential for this turn-key restaurant is limitless. The current owner is prepared to share recipes and provide training to new buyers, while the experienced staff are committed to staying on board. Property highlights include a walk-in refrigerator cabinet and a professional commercial kitchen equipped with a 20-foot exhaust fan, allowing for easy conversion to serve different cuisines. With an average monthly sales of around $40,000, a new 5 + 5 lease can be signed with the present restaurant owner, who is also the landlord and is planning to retire. Don't miss out on this fantastic opportunity to take over a successful business with a loyal customer base and promising future in the dynamic Niagara region!

Location

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  • Address: 4630 Victoria Avenue
  • Neighborhood:
  • City: Lincoln
  • State: Ontario
  • Postal Code: L0R 2E0

Property Details

  • Property ID: X8417732
  • Property Price: $69,900
  • Style: Sale Of Business, Without Property
  • Bath: 2
  • Garage: Outside/Surface
  • Parking Spaces: 18
  • A/C: Y
  • Basement: N
  • Heating: Gas Forced Air Closd
  • Taxes: $5,100.00 (2023)
  • Lot: 120.00x70.00 (Feet)

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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