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$349,000
Available - For Sale
Listing ID: N12531240
A well-established and highly regarded entertainment venue now available for acquisition. Ideally located in a vibrant plaza with excellent visibility, heavy foot traffic, and ample parking, this business offers a prime setting for continued success.The lounge features a modern, recently renovated interior with 17 private karaoke rooms, including three VIP suites with dedicated restrooms. Outfitted with a state-of-the-art karaoke system and stylish décor. Delivers a full-service experience with food, beverages, and entertainment all under one roof.The sale includes all premium equipment and a valid LLBO license, making this a turnkey opportunity for entrepreneurs or investors seeking a thriving business in the entertainment sector.
Price $349,000
Minimum Rental Term: 48
Taxes: $0
Tax Type: N/A
Occupancy by: Tenant
Address: 8360 Kennedy Road , Markham, L3R 5X7, York
Postal Code: L3R 5X7
Province/State: York
Directions/Cross Streets: Kenndy Rd / Hwy 7
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Category: Without Property
Use: Bar/Tavern/Pub
Building Percentage: F
Total Area: 6,150
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 12
Employees #: 8
Seats: 150
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down payment: $  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ELITE REAL ESTATE

8360 Kennedy Road , Markham, L3R 5X7, York

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Markham
Neighbourhood: Unionville
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908