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.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1759 sq. ft. Square Feet
Total Area:
1,759 sq. ft.163 m2
Retail Area:
1200 sq. ft. Sq Ft
Office/Apt Area:
559 sq. ft. Sq Ft
Lot Depth:
142'43.3 m
Lot Frontage:
172'52.4 m
Lot Shape:
Irregular
Lot Details:
40.00 x 22.00 Feet
Bathrooms:
4.0
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Cooling:
Yes
Clear Height:
12'3.66 m
Garage:
None
Possession Details:
Possession anytime
HST Applicable To Sale Price:
In Addition To
Assessment:
$1,252,000
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$0 /
2026
Assessment:
$1,252,000.00 /
2026
York
Newmarket
Stonehaven-Wyndham
Major Highway, Public Transit
Yes
Negotiable if the price is right seller willing to pay off all or part of rental appliances. A list of appliances, equipment and chattels/Furniture are available and will be provided at time of offer
A list of appliances, equipment and chattels/furniture are available and will be provided at time of offer.
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