2923 Lawrence Avenue E, Toronto E09, ON M1P 2T8 (Lawrence Avenue East and McCowan)

Price : $149,000.00 , MLS®# : E13474298

Description

Turnkey opportunity to acquire a top-rated GTA momo brand and multi-channel culinary business. Strategically located in a high-density, food-loving Scarborough hub at 2923 Lawrence Ave E within the thriving Wexford Heights BIA, this high-traffic location enjoys immense exposure near major landmarks and the annual Taste of Lawrence festival. Low rent of just $3,800/month includes TMI, with a 1+4 year lease term and the option to obtain a brand-new lease from the landlord. Boasting a stellar 4.8-star digital reputation with hundreds of glowing reviews, the business features a recession-proof revenue model spanning a high-volume takeout/delivery operation, lucrative event catering, and a proven, scalable wholesale framework distributing frozen momo packs to GTA supermarkets. Fully equipped with streamlined small-batch manufacturing systems, standardized proprietary recipes, and a fully trained kitchen staff, it operates seamlessly with minimal owner supervision. Backed by strong delivery partnerships, an active social media following, and a diverse, Halal-certified menu perfectly aligned with regional demographics, this high-margin asset is primed for immediate cash flow on Day 1 and effortless expansion across Ontario.

Location Description

Lawrence Avenue East and McCowan

Property Details
  • Community: Bendale
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 0
Building Features
  • Parking Type : None
Building Features
  • Heating : Gas Forced Air Closed
Land (Lot Features)
  • Frontage: 15 sq.ft
  • Land Depth: 100sq.ft

Listing Contracted With: EVEREST REALTY LTD.