OWN A THRIVING RESTAURANT IN DOWNTOWN TORONTO'S CHURCH-YONGE CORRIDOR - TURN-KEY OPERATION WITH ESTABLISHED CUSTOMER BASE

Asking Price: $300,000
50 King St E Toronto, ON Canada

About 50 King St E:

Welcome to this amazing opportunity to own a well-established restaurant in the heart of downtown Toronto. Located in the highly sought-after Church-Yonge Corridor community, this restaurant has been serving delicious fast food to locals and tourists alike for years.

The property features a spacious 1962 sqft layout, providing ample space for customers to dine in comfort. The interior is bright and inviting, with modern decor and ample natural light flowing throughout. The fully air-conditioned space ensures that customers stay cool and comfortable, even during the hottest summer months.

As a turn-key operation, this restaurant is ready for new owners to step in and take over. The kitchen is fully equipped with everything needed to prepare and serve delicious meals, including commercial-grade appliances, stainless steel workstations, and plenty of storage space. The dining area is furnished with comfortable seating, tables, and all the necessary equipment to operate a successful restaurant.

One of the highlights of this property is its prime location in the bustling Church-Yonge Corridor. This area is a hub of activity, with plenty of foot traffic and easy access to public transportation. The restaurant is situated on a busy street, with high visibility and plenty of parking options nearby.

The Church-Yonge Corridor community is a vibrant and diverse area, with plenty of shopping, entertainment, and cultural attractions just steps away. The restaurant is surrounded by a variety of businesses, including retail shops, cafes, and other restaurants, making it a popular destination for locals and tourists alike.

In terms of financials, this restaurant has a proven track record of success, with a loyal customer base and consistent revenue. The annual property taxes for this property are $21,425.04 (CAD), and the utilities are supplied by municipal water.

Overall, this is an incredible opportunity to own a thriving restaurant in one of the most desirable areas of downtown Toronto. With its prime location, turn-key operation, and established customer base, this property is sure to generate significant returns for its new owners. Don't miss out on this chance to own a piece of Toronto's thriving restaurant scene - schedule your viewing today!

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Features of Property

Type of Real Estate

Business

Square Footage

1962 sqft

Community Name

Church-Yonge Corridor

Annual Property Taxes

$21,425.04 (CAD)

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Features of Building

Building Features
Square Footage

1962 sqft

Heating & Cooling
Other

Fully air conditioned

Utilities
Water

Municipal water

Business
Business Type

Restaurant (Fast foods)

Property Agents

DARYL KING

RE/MAX HALLMARK REALTY LTD.

9555 YONGE STREET #201, RICHMOND HILL, Ontario L4C9M5

MAJID SIAMI

RE/MAX HALLMARK REALTY LTD.

9555 YONGE STREET #201, RICHMOND HILL, Ontario L4C9M5