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    For Sale - 389 Main Street Unit# 1, Brampton, Ontario

    Est payment $1,705/mo
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    Time on Jump  35 day

    AI Summary *

    • Established restaurant in busy Brampton area with high visibility and traffic.
    • Spacious facility with a large commercial kitchen and ample seating options.
    • Flexible space allows for various cuisine concepts and catering services.
    • Includes a rear entrance for easy catering pickups and deliveries.
    • Abundant parking with designated spots and shared spaces for customers.




    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.
    Listing IDW12831504
    Address389 Main Street Unit# 1
    CityBrampton, Ontario
    Price$355,000
    Bath3 Full
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Major Highway, Public TransitHeating / Cooling Gas Forced Air OpenSewer Sanitary+Storm Available

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    Listing Agency:  HOMELIFE/MIRACLE REALTY LTD

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    389 Main Street Unit# 1
    Brampton , Ontario
    3 $355,000
    Get more info