1940 Queen Street East, Toronto | Image 1

1940 Queen Street East

Toronto, The Beaches

  • Commercial

$499,000
For Sale

Added 2 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: E9512029

  • Days on Site: 3 Days

  • Added: Oct 22, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 5 hours ago

  • Listed By: RE/MAX ULTIMATE REALTY INC.

TO THE BEACH!!! Torisho is a famous Japanese fried chicken take out restaurant. Franchise headquarters are located in Osaka, Japan. Torisho operations in Japan have increased to nearly 300 stores in the past 6 years. After much success in Japan, they have expanded overseas with locations now in Canada, Taiwan, Malaysia, Philippines, Thailand, Ukraine, China and USA. Torisho have been top prize winners in the Karaage Grand Prix by the Japan Karaage Association. Here's your opportunity to assume Canada's first location and claim all of the Southern Ontario territory rights! It starts at The Beach!

Extras

* Gross Rent = $3,725 + HST * 926 Sq Ft * Current term expires November 30th 2026 + 2x %yr renewals *Includes Southern Ontario Rights to TORISHO brand *

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: The Beaches

  • Availability Date: soon

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Lane

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Taxes Type: T.M.I.

Land

  • Cross Street: Elmer Ave

  • Municipality District: Toronto E02

  • Sewer: San+Storm

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 5

  • Retail Area: 926

  • Retail Area Metric: Sq Ft

  • Total Area: 926

  • Total Area Metric: Sq Ft

  • Hours Open: 12-8

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Franchise: Y

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Building

  • Survey: N

  • Seats: 8

  • Business/Building Name: Torisho

  • Financial Statement: Y

  • LLBO: N

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Map of 1940 Queen Street East, Toronto
JK-6

Beaches Alternative Junior School

Elementary: Public
1.49 km
JK-6

Kimberley Junior Public School

Elementary: Public
1.49 km
JK-6

Norway Junior Public School

Elementary: Public
0.81 km
7-8

Glen Ames Senior Public School

Elementary: Public
0.65 km
JK-6

Kew Beach Junior Public School

Elementary: Public
0.12 km
JK-6

Williamson Road Junior Public School

Elementary: Public
0.70 km
9-12

Greenwood Secondary School

Secondary: Public
2.54 km
9-12

Notre Dame Catholic High School

Secondary: Catholic
1.51 km
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St Patrick Catholic Secondary School

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2.25 km
Pre-Grade 9-12

Monarch Park Collegiate Institute

Secondary: Public
1.94 km
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Neil McNeil High School

Secondary: Catholic
1.93 km
9-12

Malvern Collegiate Institute

Secondary: Public
1.70 km
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