Starving Artist Rexdale Excellent location of popular Starving Artist Waffles & Espresso. Brunch franchise with 5 locations across Toronto. The Kipling Ave store is currently corporate and looking to sell to a franchise operator. List price for business $149,000.Producing substantial net operating income. Liquor license for 30 included, high foot traffic area in a plaza at Rexdale and Kipling Ave. Turn-key operation, all equipment owned and already fully staffed. Low rent of $3,700 per month including TMI with 2 years remaining on the lease + 5 year option to renew. Full basement in unit and open concept kitchen. Low royalties at $1,500 per month. Impressive sales in an ideal neighbourhood for the concept. Has been operating at this location for 7 years and has a great customer base. Please do not go direct, business is still in operation. Please book showings with listing agent. (id:47423)
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Detailed Information
Bathrooms
2
Lot
18 x 80 ft
Amenities Nearby
Highway, Public Transit
Listing Contract Date
2024-12-29
Location Description
Kipling and Rexdale
Property Type
Business
Transaction Type
For sale
Zoning Description
Commercial
Business
Business Type
Restaurant
Business Subtype
Restaurant/pub
Name
STARVING ARTIST WAFFLES + ESPRESSO
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
Unit=18 x 80 FT
Amenities
Highway, Public Transit
Size of Irregular Land
Unit=18 x 80 FT
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