259 King St E
Toronto, M5A1K2
For Sale
$299,900
➧
➧
Without Property
CATEGORY1,350 Sq Ft
RETAIL AREAC9418383
MLSIDContact Us
Property Description
Superb Franchise restaurant opportunity located at King St E & Sherbourne St, heart of downtown Toronto. Features include Restaurant surrounded by George Brown College campus, major offices/banks & condos ensuring strong and stable customer base for lunch + dinner. Great potential for 24/7 operations. Directly connected to TTC, street cars (East/West) and bus service (North/South). Large condo towers by reputed builders: Pemberton - Time & Space 29 storeys complete 1600 condos - occupants moving in, Cityzen & Fernbrook - St Lawrence Condos 26 storeys complete 482 condos -occupants moving in, Menkes - The Whitefield - 39 storeys under construction 470 condos, First Gulf - EQ Bank Tower 23 Floors Exterior complete, working on interiors - anticipated ready to move in by Q1 2025.These developments bringing in estimated 9000+ new customers (in addition to existing customers) within 300m of the restaurant. At least 3 other major developments including Fitzrovia Retirement Homes anticipated to break ground soon within 100 meters of the restaurant; Notice by City of Toronto are up. New LRT is located within walking distance, Scotia Bank & Waddington Auction House located next door; National Bank, RBC, BMO; CIBC, Globe & Mail (Air Miles, Yellow Pages, many more) within 2 minute walk; Coca-Cola National Office and No Frills located within 50 meters; LCBO, Pet Store, Toronto Opera Company, Fire Station within 1 minute. This restaurant has the latest equipment: complete remodel including all equipment: 2 cold wells,1 hot well, 1 proofing & baking unit, 2 toaster ovens, Brand new HVAC unit, LED Lighting, New flooring and walls, seating capacity for up to 32 guests with 2 Toilets (plus small office space). Rapidly developing customer base; average household income of $135,000. Rent frozen for 2yrs and lease good thru 2028 with another option to extend the lease by another 5 yrs. Low TMI. Net Price includes all brand new equipment, furniture, newly installed HVAC, inventory.
Call
Extras
This turnkey ready to move in restaurant presents a rare opportunity for new entrepreneurs (immigrants and citizens alike ensuring long term employment and ownership); Seller open to partnership.
Property Details
Category
Without Property
Usage
Restaurant
Zoning
Commercial
Retail Area
1,350 Sq Ft
Washrooms
2
Air Conditioning
Yes
Call
Listing contracted with Royal Lepage/J & D Division
Similar Listings
A rare opportunity exists to acquire a highly reputable and profitable kitchen and home improvement franchise in the high-demanding design district. Bauformat, a distinguished German brand synonymous with sophisticated design, superior craftsmanship, and enduring quality. presents a comprehensive portfolio of kitchen and home improvement solutions. These encompass premium cabinetry, countertops, and bespoke interior design services tailored to a discerning clientele. This acquisition represents a compelling prospect for investors seeking a turnkey operation with a proven track record of success in the high-end kitchen and home improvement sector.
Call
Exceptional opportunity to own a fully equipped Indian street food restaurant or can be converted to any restaurant near Ryerson College. This turnkey operation features a complete kitchen with a 6-burner gas range, ample refrigeration, and space for a tandoor. Sales are over 450k in a corporate restaurant managed by staff . With a competitive rent of $6,100 per month (including TMI), this location boasts high foot traffic and significant potential for late-night openings. The restaurant offers great visibility and is well-positioned to tap into the vibrant student community and local residents. There's also plenty of potential for third-party delivery services to boost sales. Plus, an LLBO license can be added, expanding your offerings even further. This is an ideal investment for anyone looking to enter the thriving food industry in Toronto.
Call
**Taxes NOT APPLICABLE to this listing** Newly built-out QSR - (Mediterranean) "Other cuisines welcome". Great Location For Fast Food Take Out. High Traffic Area. Lots Of Parking for Customers, Suitable For Family Business. Opportunity To Expand.3Yr Left On Lease w/5+5 Extension Option. $2,750 TMI + HST Included (30 seats). 1000 sqft Basement +Office W/ 2 Wash. $200,000+ in Upgrades, All Chattels/Fixtures Included. Minutes away from Yorkdale Shopping, Hospital, Hwy and Transit Hub. Don't Miss.
Call
Prime Busy Corner location in Scarborough, Restaurant for sale at Ellesmere and Midland in Toronto, Ontario.Super Easy Turnkey Brand New, Fully Equipped Kitchen with Top of the line Equipment. Great Signage, Exposure, and Traffic Count. Plaza parking, public transportation, Surrounded by Residential and Commercial. Can be converted to approved food type. Professional Branding. Currently Serving Indian Food. Franchised restaurant. Training provided by Franchisor, Qualified Buyer to enter into franchise agreement. Can be easily run by anyone even if you are not a chef. Lots of potential.
Call
**Turn Key Health Care Business** Administering Classes To Teach First Aid and CPR Training And Grant Certificates Required For Majority of Public Sector Jobs, College & University Admission Requirement, Hospital Staff, Health Care Professionals And Private Career Colleges. Contracts with Michael Garron Hospital and Womens College Hospital and More. Very busy Thriving Business with room for Growth And Expansion.
Call
This well-established bar offers an open concept dining space, operated by the same owner for over 20 years. This business offers over 1,800 sq. ft. of interior space, with a seating capacity of over 50+ occupants, and the only liquor license within the plaza, providing a distinct advantage for potential operators. Strategically located in a high-traffic area on the main street, this restaurant enjoys excellent visibility and foot traffic. It's well-positioned within close proximity to several residential condominium buildings, and well-established neighborhoods, ensuring a steady customer base from the surrounding communities. Monthly rent is $5300 (including TMI), updated 5+5 year lease agreement (April 2024).
Call
Great Opportunity to Own a Turnkey Business at Downtown Waterfront Location Surrounded by High-density Residential Condos, Offices. Currently Operating As A Popular Bubble Tea Brand Known as "Gong Cha". Strong weekly sales and excellent business performance. Turnkey operation with well-trained staff and established systems in place.
Call
STUNNING, TURNKEY RESTAURANT / BAR OPERATION FOR SALE AT THE CORNER OF YONGE AND EGLINTON. NEARLY 2,000 SQUARE FEET OF CLEAR SPAN SPACE WITH A FUNCTIONAL, FULLY EQUIPPED KITCHEN. THIS SECOND FLOOR UNIT HAS FLOOR TO CEILING WINDOWS THAT OVERLOOK THE NON-STOP PEDESTRIAN TRAFFIC AT THIS ICONIC CITY INTERSECTION. THE LOCATION IS THE PERFECT MIX OF RETAIL, OFFICE AND RESIDENTIAL DENSITY ALL AT ONCE. SUBWAY AND ACCESS TO THE PATH RIGHT AT THE FRONT DOOR. THIS VENUE COULD SUIT ANY CONCEPT FROM DINER, QSR, FULL SERVICE RESTAURANT, COCKTAIL BAR, LOUNGE AND MORE.
Call
Location! Location !Location. A corner very busy hero certified burgers franchise Downtown location just right on busiest intersection of Yonge St 1 Block South Of St Clair Surrounded By Offices ,Homes & Condos. Big patio boosts the Walk in and sales. Turn key business with Very high Net profit boosting lots of Walkins and online order sales , low food costs and expenses . Modern buildout , Long 8 years of lease term remains with likely further renewal. The restaurant features 2 full washrooms in the basement and kitchen in the basement which can be used as secondary kitchen for other food operations along with spacious working space. Hurry! wont last long
Call
Client RemarksFamous Chinese Bubble Tea Shop In Heart Of North York Sheppard &Yonge! High Pedestrian And Residence Traffic. Wide Open Windows & Good Exposure On Busy Yonge Street 24 Hrs Access.Very Strong Loyal Clientele! Good Sale Volume, Great Income.Low Labour Cost Easy To Learn And Operate No Related Experience Needed.Entrance To Subway Station. Anchor Tenant Tim Hortons, Supermarket & Lcbo On 2nd Floor. Over 60 Office Units,700 Luxury Residents Units. Suitable For All Types Of Business Such As Cafe, Restaurant, Bakery, Snacks, Any Other Retail Store. Available Immediately.
Call
Smoke's Poutinerie is Canada's premier poutine franchise with over 40 locations across Ontario and one of the most recognizable brands in the marketplace. This location is in the heart of Greektown on the Danforth and has constant foot traffic and subway stations on either side of it. South facing quick service restaurant (QSR) with a great 1,250 Sq Ft layout that is easy to staff and manage and keep your labour costs low. Full support and training by head office pending franchisee approval and royalty rates of 6% + 2%. Please do not go direct or speak to staff. Potential to add a summer patio.
Call
Calling all Bar and Restaurant Owners! Don't Miss Out on this Rare Opportunity for a Slice of Toronto's Exciting Hospitality Scene. Whether you're a Brewer, Night-Club Owner, or Someone with a Passion for Craft Beer and Unforgettable Cuisine, This is Your Chance to Make your Mark in One of the City's Most Sought-After Locations. With a Transferrable Liquor License for 308 People, A Huge Roof-top Patio and 3 Separate Spaces for Groups, As well as a Retail Store, This is The One You've Been Waiting For! Please Do Not Go Direct. Please Do Not Speak to Staff. Your Discretion is Appreciated.
Call
Call