STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$355,000
Available - For Sale
Listing ID: W12831504
A Gold Mine Portuguese Restaurant Bar & Grill, established in 2017, is strategically located in the heart of Brampton at the intersection of Main Street and Vodden Street. The business is positioned within a high-density residential and commercial district, surrounded by thriving retail activity. With unobstructed frontage on Main Street, the unit benefits from exceptional visibility and consistent high-traffic exposure-an ideal opportunity for investors seeking strong income potential and long-term growth. The property also offers convenient access to major highways and sits directly across from a busy shopping centre featuring Shoppers Drug Mart, GoodLife Fitness, Giant Tiger, and additional national retailers. The premises total 2,250 sq. ft. within a two-storey plaza and include a 640 sq. ft. commercial kitchen, 74 indoor seats, and an outdoor patio accommodating 28 guests. The unit features three washrooms-two spacious customer washrooms and one located in the kitchen. A beautifully crafted oak-wood bar measuring 31' x 2' serves as a focal point of the dining area. The restaurant offers a full dine-in, take-out, and catering menu, is licensed by the LCBO, and can be converted to any cuisine concept, including Indian. Monthly rent is $7,191.00 (inclusive of HST and TMI). The current lease extends until July 31, 2026, with a 5+5 renewal option. Average monthly utilities are approximately $1,500. The unit features 15-foot clear height ceilings with sprinklers and is constructed with durable structural materials. A rear entrance provides convenient access for catering pickups and deliveries. Parking is abundant, with four designated spots at the front of the unit, an additional 40 shared front-lot spaces, and more than 150 additional parking spaces located behind the building. The business is competitively priced at $355,000. The equipment value alone is appraised at $224,150. Inventory is excluded from the sale price and will be calculated separately.
Price $355,000
Taxes: $0
Tax Type: N/A
Assessment Year: 2025
Occupancy by: Tenant
Address: 389 Main Street North , Brampton, L6X 3P1, Peel
Postal Code: L6X 3P1
Province/State: Peel
Legal Description: PCL 8-8, SEC 43-CHING 1(W.H.S.) ; PT LTS
Directions/Cross Streets: Main St // Vodden St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Category: Without Property
Use: Restaurant
Building Percentage: T
Total Area: 2,250
Total Area Code:  Square Feet
Office/Appartment Area Code: %
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: Monday
Employees #: 3
Seats: 102
Maintenance: 0
Sprinklers: Yes
Clear Height Feet: 15
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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HOMELIFE/MIRACLE REALTY LTD

389 Main Street North , Brampton, L6X 3P1, Peel

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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Type: Com - Sale Of Business
Area: Peel
Municipality: Brampton
Neighbourhood: Brampton West
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 3
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Fireplace: N
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