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.
MLS# | C11902147 |
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Listing Type | For Lease |
Status | Price Change |
Days On Site | 17 |
Listing Provided By | COLDWELL BANKER THE REAL ESTATE CENTRE | BRITTANY JACKSON |
SQ Feet | 1,680 |
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State | ON |
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County | Toronto |
City | Toronto C01 |
Zip Code | M6E 1A5 |
Area | Palmerston Little Italy |
Listing VS Median (in M6E 1A5) | |
Price: $179,000 low | high Med: $179,000 SqFt: 1,680 low | high Med: 1,680 $ / SqFt: $107 low | high Med: $107 On Site: 17 low | high Med: 17.000000 |