$350,000
For sale: Other

Turnkey opportunity to acquire a well-established South Asian franchise premium fine dining restaurant in a prime Vaughan location, just minutes from Hwy 400. This high-visibility site offers strong exposure and consistent traffic, making it ideal for both experienced operators and new entrants to the hospitality space. The business operates 7 days a week from 12:00 PM to 10:00 PM and is fully equipped for immediate takeover. The premises include a beautifully designed main dining area with seating for approx 38 guests, along with an additional covered and heated patio space of approx. 1,800 sq. ft., accommodating a further approx 28 guests, providing extended seasonal usability and enhanced revenue potential. Total rent, including HST, is $6,380/month. The current lease is secured until September 30, 2030, with an additional 5-year renewal option, offering long-term stability. For qualified buyers, and an appraisal report is also available. Flexibility exists to continue operating under the existing franchise or rebrand to a different concept or cuisine, subject to landlord and franchise approval. Inventory is extra. A rare opportunity to acquire a premium dining establishment in one of Vaughan's most sought-after commercial corridors.
Sold data
Homes in Vaughan (Vellore Village) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 45, across 761 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $1,100,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 761 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Vaughan (Vellore Village) has 91 Fraser Institute–rated schools (76 elementary and 15 secondary), averaging 7.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
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