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$ 179,000
1,680 SqFt
$ 179,000
1,680 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Rent
Square Footage 1,680 sqft
Subdivision Palmerston-Little Italy
MLS Listing ID C11902147
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Fantastic location of popular Starving Artist Waffles & Espresso. Brunch franchise with 5 locations across Toronto. The College Street store is currently corporate and looking to sell to a franchise operator. Business Sale Price: $179,000. Producing substantial net operating income. Liquor license for 55 included, high foot traffic area at College and Ossington. Turn-key operation, all equipment owned and already fully staffed. Low rent of $4,650 GROSS including TMI with 5-year option to renew. Full basement in unit and open concept kitchen. Low royalties at $2,000 per month. Impressive sales in an ideal neighbourhood for the concept. Has been operating at this location for 10 years and has a great customer base. Do not go direct, business is still in operation. Book showings through listing agent.
Location
State ON
County Toronto
Community Palmerston-Little Italy
Area Toronto
Interior
Cooling Yes
Exterior
Lot Depth 109.0
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
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