Let’s Connect
Bolton & Clements Real Estate Group
416-992-6260
andrew@boltonandclements.com
25 Millard St. W.
Newmarket, ON
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W13883216
- Bus Major:
- Restaurant
- Photos (3)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
LONZO'S is a well-established Profitable Franchise Restaurant business for sale, ideally located in a high-traffic area at the corner of Dundas Street and Shorncliffe Road. The business benefits from excellent visibility and steady customer flow, with close proximity to the subway and numerous condominium buildings. The restaurant generated approximately $500,000 in sales in 2025 and achieved a net profit of approximately $90,000. The operation is currently supported by four employees, and a long-term lease is in place, offering stability and peace of mind for a new owner. This is an excellent opportunity for a family-run business, an owner-operator, or an investor looking to enter or expand within the restaurant industry. Financial figures are provided by the seller and should be independently verified by prospective buyers.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- No
- Total Area:
- 750 sq. ft. Square Feet
- Total Area:
- 750 sq. ft.
- Retail Area:
- 750 sq. ft. Sq Ft
- Lot Depth:
- 0'
- Lot Frontage:
- 0'
- Water supply:
- Municipal
- Zoning:
- Commercial
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Possession Details:
- Immediately
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- Annual
- Taxes:
- $0 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto W08
- Islington-City Centre West
- ALL ELFS, ALL CHATTELS, ALL FIXTURES
- Utilities:
- Available
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Condo Fee:
- $0
- Expenses Actual/Estimated:
- Estimated
- Year Expenses:
- 0
- Major Business Type:
- Restaurant
- Category:
- Without Property
- Franchise:
- Yes
- Days Open:
- Open 7 Days
- Hours Open:
- 11:30am-2am (Varies)
- Employees:
- 4
- Chattels:
- Yes
- LLBO:
- No
- Seats:
- 15
-
Photo 1 of 3 -
Photo 2 of 3
-
Photo 3 of 3
Listed by PONTIS REALTY INC.
Data was last updated October 17, 2026 at 06:15 AM (UTC)
- WAYNE CLEMENTS, Broker
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
- 416-992-6260
- andrew@boltonandclements.com
- ANDREW BOLTON, Broker
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
- 416-786-0035
- andrew@boltonandclements.com
Office Address:
25 Millard St. W.
Newmarket, ON, L3Y 7R6