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. |
Price | $179,000 |
Minimum Rental Term: | 60 |
Maximum Rental Term: | 120 |
Taxes: | $0.00 |
Tax Type: | T.M.I. |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 810 College St , Toronto, M6E 1A5, Ontario |
Postal Code: | M6E 1A5 |
Province/State: | Ontario |
Lot Size: | 16.81 x 109.00 (Feet) |
Directions/Cross Streets: | College and Ossington |
Category: | Without Property |
Use: | Restaurant |
Building Percentage: | N |
Total Area: | 1680.00 |
Total Area Code: | Sq Ft |
Retail Area: | 1680 |
Retail Area Code: | Sq Ft |
Business/Building Name: | STARVING ARTIST WAFFLES + ESPRESSO |
Financial Statement: | N |
Chattels: | Y |
Franchise: | Y |
Days Open: | 7 |
Hours Open: | 9 AM - |
Employees #: | 12 |
Seats: | 55 |
LLBO: | Y |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COLDWELL BANKER THE REAL ESTATE CENTRE |
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Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Palmerston-Little Italy |
Lot Size: | 16.81 x 109.00(Feet) |