$279,000
Available - For Sale
Listing ID: N12991730
450 Mulock Drive , Newmarket, L3Y 9B8, York
| Priced for quick sale. 4.7 Star with 700 plus Google reviews this Fully Equipped Fully functioning 1759 sq ft Turnkey profitable Mexican Restaurant for Sale on Prime High traffic Newmarket Corner Location in the heart of Newmarket with excellent signage visibility and ample parking. Sale includes Goodwill (Established business name, phone number, social media, and loyal client base), a complete commercial kitchen - featuring 12 ft hood, 50 seats, all professional grade appliances, easy to operate washer, ventilation, and prep stations. All furniture, fixtures, and restaurant chattels are included, just walk in and start cooking on day one. Fully LLBO licensed premises included in the sale, providing a turnkey setup for serving a complete beverage menu. Excellent Lease Terms that offers stability and a competitive rate, providing the perfect foundation to grow your own business. Landlord willing to support with the construction of an outdoor patio. Easy to apply for the permit as the preliminary steps have been taken. Currently operating as a successful Mexican eatery, but the versatile layout and top-tier equipment make it suitable for various culinary concepts. Seller willing to provide training to ensure a smooth handover and to teach recipes and operation optimizations. This established spot is perfectly positioned to capture heavy local residence, nearby corporate and trade professionals. High visibility with ample plaza parking. The basement, roughly 850 sq. ft. offers incredible versatility. While presently utilized for food and packaging storage, this expansive bonus space could easily be converted for additional revenue generating purposes. The two washrooms, two refrigerators and the space present a unique opportunity for the new owner to maximize the property's functional square footage. |
| Price | $279,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Assessment Year: | 2026 |
| Monthly Condo Fee: | $700 |
| Occupancy: | Owner |
| Address: | 450 Mulock Drive , Newmarket, L3Y 9B8, York |
| Postal Code: | L3Y 9B8 |
| Province/State: | York |
| Legal Description: | PCL1-1SEC65M2121;LT1PL65M2121 ; S/T LT90 |
| Directions/Cross Streets: | Bayview Ave & Mulock Dr |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 1759.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 559 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | Monday |
| Employees #: | 6 |
| Seats: | 50 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Yes |
| Washrooms: | 4 |
| Rail: | N |
| Clear Height Feet: | 12 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE IGNITE REALTY |
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Bikramjit Sharma
Broker
Dir:
647-295-0028
Bus:
905 456 9090
Fax:
905-456-9091
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | York |
| Municipality: | Newmarket |
| Neighbourhood: | Stonehaven-Wyndham |
| Baths: | 4 |
| Fireplace: | N |
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