246 Queen Street West, Toronto | Image 1

246 Queen Street West

Toronto, Kensington-Chinatown

  • Commercial

$799,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: COMMERCIAL

  • Age: No Data

  • MLS®#: C11919377

  • Days on Site: 33 Days

  • Added: Jan 12, 2025 (2 months ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

We're excited to bring to you a new high sales and high income producing restaurant opportunity in the heart of downtown Toronto situated at Queen W & University. German Doner Kebab (GDK) is now available for a new franchisee with total revenue just shy of $2,000,000.00. This opportunity is a smart move for anyone looking to tap into the fast-casual dining market with a unique twist. GDK offers a fresh, high-quality product that stands out from traditional fast food, combining the rich flavors of authentic doner kebabs with a modern, healthier approach. With a proven track record of success in multiple countries, GDK attracts a diverse customer base, ensuring strong repeat business. As a franchisee, you'll benefit from comprehensive support, including marketing, training, and operational guidance, making it an exciting and profitable opportunity in the growing demand for global street food experiences. Please do not go direct or speak to staff. Your discretion is appreciated. **EXTRAS** * Taxes (TMI) Inc. in Gross Rent * Gross Rent = $20,000.00 * 6 Years Remaining + 2 x 5 Year Renewal Options * 160 Locations Worldwide * Royalties = $1500/month * Advertising = 1% of Net Sales *

Property

  • Status: Sale

  • Type: Fast Food/Take Out

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2025

  • Taxes Type: T.M.I.

Land

  • Cross Street: QUEEN ST W & UNIVERS

  • Municipality District: Toronto C01

  • Parcel Number: 212070065

  • Zoning: COMMERCIAL

Commercial Specific

  • Number of Employees: 15

  • Retail Area: 100

  • Retail Area Metric: %

  • Sprinklers: Y

  • Hours Open: 11-11

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 30

  • Financial Statement: Y

  • LLBO: N

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