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1387 Lawrence Avenue W

Brookhaven-Amesbury Toronto M6M 2V8

$195,000 /For Sale

Commercial

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• Details
• Photos
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

W12103107

Bus Major:

Restaurant

• Photos (4)

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Substantial sales recorded in 6 digits in 2024. Licenced for 112+90 seats, 4+5 years lease term. owner is retiring. For a restaurant the location is everything! Choosing the right location is absolutely critical. You can offer a great food but if you have no foot traffic to sell it to, business is not going anywhere! Flame Bar and Grill at a busy intersection of Keele and Lawrence offers it all! Large interior floor size, ample storage space, large plaza location with major anchor tenants such as LCBO, Tim Hortons, Metro, Walmart, Dollarama, Penguin Pick-up, etc. Enormous amounts of customers dailt, walk-ins, drive by's and huge exposure for your business. Alone the location worth an attention for a business owner! Majority of chattels owned and included, many improvements to the business completed, 10k in security cameras installed, additional large tvs for sports events, large clientele base. Opportunity for further growth and to diversify your food offerings. Good working hours. Established for close to 30 years and successfully run here. Seperate streams of income with quick-service and full sit down eat in areas, separate liquor bar/lounge area for your evening parties, events and entertainment. All in one place. Approx 2460 sqft of main floor area, plus fully finished lower floor area, lots of parking at the plaza, your guests will never be jammed here. If you are in the market, sure you have seen places, but not many worth the attention. This one must be seen to appreciate the current and further potential! seller is willing to offer training to a new owner. Transferable liquor license. **EXTRAS** All equipment is owned except 2 pos terminals, operating name is included, turn key operations. See it now!

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Total Area:

2463 sq. ft. Square Feet

Total Area:

2,463 sq. ft.229 m2

Retail Area:

70 sq. ft. %

Industrial Area:

20 sq. ft. %

Office/Apt Area:

10 sq. ft. %

Depth:

111'11"34.1 m

Frontage:

22'6.71 m

Bathrooms:

2.0

Water supply:

Municipal

Zoning:

COMMERCIAL

Additional Info:

Heating type:

Gas Forced Air Closed

Clear Height:

0'0 m

Garage:

Plaza

Possession Details:

TBA

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Type Taxes:

TMI

Taxes:

$5,600 / 2024

Assessment:

$- / -

Listing Area:

Toronto W04

Listing Sub-Area:

Brookhaven-Amesbury

County Or Parish:

Toronto

Security Features:

Yes

Exclusions:

pool table, music jukebox, 2 projectors, football machine (rental), these items could be included, priced separately.

Elevator:

None

Rail:

No

Other Details:

Utilities:

Available

Sewers:

Sanitary+Storm

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

Yes

Condo Fee:

$0

Expenses Actual/Estimated:

Actual

Year Expenses:

2024

Business Info:

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

No

Days Open:

Open 7 Days

Hours Open:

varies

Employees:

5

Chattels:

Yes

LLBO:

Yes

Seats:

115

Height of Double Man Shipping Doors:

0'0 m

Height of Drive-In Level Shipping Doors:

0'0 m

Height of Grade Level Shipping Doors:

0'0 m

Height of Truck Level Shipping Doors:

0'0 m

Listing Info:

Date Listed:

Apr 25, 2025

Original Price:

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Previous Price:

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Listed by RE/MAX PREMIER INC.

Data was last updated April 25, 2025 at 02:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

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