$249,800 FOR SALE

Franchise Business for Sale

Restaurant


2024 Taxes: $4,000

267 College St #A
Toronto, ON M5T 1R6 | Kensington-Chinatown

Well-established business located on Spadina Avenue, offering a bright, neat, and clean 900 sq. ft.space with 16 seats. The store is fully equipped and situated in a prime downtown location near theUniversity of Toronto, colleges, hospitals, libraries, schools, places of worship, condominium buildings, and commercial areas. This is the first location in the Greater Toronto Area (GTA) and has significant potential for growth. An excellent business opportunity with a strong base of loyal clientele and significant walk-in traffic. Convenient street parking is available, and the lease is in place for 5 years with an option for an additional 5 years. The business operates 7 days a week and is profitable with minimal staffing requirements. Walk-in cooler, walk-in freezer, range hood, prep dishwasher, single-door beverage cooler, furniture, glass display, point of sale system, and cabinets/shelves. The cooperative seller will provide 8 weeks of training to new buyers.

Extras
Walk-in cooler, walk-in freezer, range hood, prep dishwasher, single-door beverage cooler, furniture, glass display, point of sale system, and cabinets/shelves. The cooperative seller will provide 8 weeks of training to new buyers.

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Listed By RE/MAX MILLENNIUM REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9294214
Last Updated Sep 03, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Franchise
Business/Building Name G o G r i l l
Category Without Property
Legal Description LT 1-2 PL D296 TORONTO; CITY OF TORONTO
Occupancy Own+Ten
Possession Date to be decided
Taxes (2024) $4,000
Tax Type Annual
Directions/Cross Streets SPADINA AVE/COLLEGE STREET
Neighbourhood Kensington-Chinatown
Area Toronto
Price History
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Detailed Information
Retail Area 500 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Street
Hours Open 11am-1a
LLBO N
Employees 4
Heat Type Gas Forced Air Open
Financial Statement Y
Seats 16
Water Municipal
Lot/Bldg/Unit Code Building
Zoning CR3(c2;r2.5*2363)
Seller Property Info Statement Y

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