10 A-2141 Kipling Avenue, Toronto | Image 1

10 A-2141 Kipling Avenue

Toronto, Rexdale-Kipling

  • Commercial

$149,000
For Sale

Added 5 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 17842

  • MLS®#: W11902163

  • Added: Dec 29, 2024 (5 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: COLDWELL BANKER THE REAL ESTATE CENTRE

Starving Artist Rexdale Excellent location of popular Starving Artist Waffles & Espresso. Brunch franchise with 5 locations across Toronto. The Kipling Ave store is currently corporate and looking to sell to a franchise operator. List price for business $149,000.Producing substantial net operating income. Liquor license for 30 included, high foot traffic area in a plaza at Rexdale and Kipling Ave. Turn-key operation, all equipment owned and already fully staffed. Low rent of $3,700 per month including TMI with 2 years remaining on the lease + 5 year option to renew. Full basement in unit and open concept kitchen. Low royalties at $1,500 per month. Impressive sales in an ideal neighbourhood for the concept. Has been operating at this location for 7 years and has a great customer base. Please do not go direct, business is still in operation. Please book showings with listing agent.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Rexdale-Kipling

  • Assessment Year: 2023

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2023

  • Taxes: $17,842

  • Taxes Type: T.M.I.

Land

  • Cross Street: Kipling and Rexdale

  • Municipality District: Toronto W10

  • Lot Depth: 80 Feet

  • Lot Frontage: 18 Feet

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 10

  • Retail Area: 1100

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Terms: 60

  • Total Area: 1100

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 60

  • Hours Open: 9 AM -

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 30

  • Business/Building Name: STARVING ARTIST WAFFLES + ESPRESSO

  • Financial Statement: N

  • LLBO: Y

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