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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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389 Main Street N 1, Brampton, ON L6X 3P1

Business For Sale | W12831504Sale

Listing ID: W12831504
$355,000
3 Bathrooms
Listing ID #W12831504
Property Description

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, Good Life 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.

Basic Details
Listing ID : W12831504
Listing Type : Sale
Price : $355,000
Bathrooms : 3
Status : Active
Property Sub Type : Sale Of Business
Map
Address Map
389
Main
US
ON
Peel
Brampton
L6X 3P1
Street
Main St // Vodden St
N
1
Service Commercial (SC-3285)
Property Area
Brampton West
Features
: Yes
: Sanitary+Storm Available
: Available
Additional Information
2250
Restaurant
: Major Highway, Public Transit
Listing Information
New
2026-03-04T15:13:32Z
TRREB

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