N13664198

Price:
For Sale159,000  For Sale
MLS® No:
N13664198
Intersection:
Highway 7 and 404
Community:
Buttonville
Address:
70 Valleywood Drive, 202, Markham, ON, CA, L3R 4T5
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Features

Property Type:
Sale Of Business
Land Size:
320.01 X 352.95Feet
Possession:
90
Garage Type:
Outside/Surface
Heat Type:
Gas Forced Air Closed
Central AC:
Yes
Ensuite Laundry:
N
* Rare Turnkey Multi-Entertainment & Private Event Venue in Markham ! * 4, 808 Sq. Ft. | Currently Profitable | Approx. $350K Invested in Renovations & Equipment. * ALL-IN-ONE ENTERTAINMENT: E-Sports | Billiards | Board Games | Private Mahjong/Game Rooms | Private Theatre | Birthday Party Room | Large Event/Party Area. * EVENT BUSINESS: Private Parties | Corporate Team-Building | Meetings | Social Gatherings | Group Events * MULTIPLE REVENUE STREAMS: Entertainment | Collectible/Toy Retail | Beverages & Snacks | Separate Kitchenette for Light Food Preparation * GROWTH POTENTIAL: Current owners operate limited hours by choice, primarily weekday evenings and weekend afternoons/evenings. Premises permit extended operating hours from 9:00 AM to 2:00 AM, providing significant potential to expand daytime and late-night operations. Additional opportunities include private events, space rentals, corporate events, workshops, classes and other permitted uses. * TURNKEY OPERATION: Fully equipped with an established operating model. Located in a newly improved commercial complex with established neighbouring businesses. * LEASE: Gross Rent Approx. $11, 091. 51/Month Including TMI & HST | Current Lease Term Until April 30, 2029 + 5-Year Renewal Option. * VIDEOS: Please see Virtual Tour links.
Listing Contracted With: JDL REALTY INC. (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Jennifer WangReal Estate BrokerDirect: (647)262-1205Office: (905)338-8877