Added 1 month ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Restaurant
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Zoning: Commercial
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Age: No Data
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Taxes: 17.24
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MLS®#: C10421470
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Days on Site: 2 Days
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Added: Nov 10, 2024 (1 month ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: IPRO REALTY LTD.
Established and turnkey, this Halibut House Fish and Chips franchise presents an excellent opportunity for new ownership in a high-traffic Toronto location. Spanning over 2,000 sq ft, it offers spacious indoor seating for more than 50 guests, along with a patio that accommodates 40 perfect for seasonal dining. Known for quality and consistency, Halibut House provides strong brand recognition in the casual dining sector, with startup costs for new franchises often exceeding $650K. This established location, however, offers a more accessible entry into the franchise model without the hefty initial investment. Strategically positioned near major transit routes and highways, the restaurant enjoys steady foot traffic and high visibility, attracting a diverse customer base from the surrounding workforce and local community. With a secure 10-year lease and the option to renewal, this franchise offers long-term stability and growth potential. Achieving a profitable margin over 25%, this location combines proven success with room for further development under a trusted brand.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Toronto
Community: Henry Farm
Availability Date: Immediate TBD
Inside
Bathrooms: 2
Air Conditioning: Y
Washrooms: 2
Building
Basement: N
Heat Type: Elec Forced Air
Freestanding: N
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Parking
Garage Type: Plaza
Fees
Tax Year: 2024
Taxes: $17
Taxes Type: T.M.I.
Land
Cross Street: Victoria Park and Sh
Municipality District: Toronto C15
Parcel Number: 100850049
Lot Depth: 29.21 Feet
Lot Frontage: 75 Feet
Lot Irregularities: Leased premise
Zoning: Commercial
Commercial Specific
Number of Employees: 3
Retail Area: 2191
Retail Area Metric: Sq Ft
Hours Open: 10
Area Influence: Major Highway
Area Influence: Public Transit
Days Open: 7
Franchise: Y
Tangible Property Included: N
Lot Code: Unit
Seats: 90
Business/Building Name: 2550 Victoria Park Ave
Financial Statement: N
LLBO: Y
Roywood Public School
Elementary: PublicSt Gerald Catholic School
Elementary: CatholicBridlewood Junior Public School
Elementary: PublicÉÉC Sainte-Madeleine
Elementary: CatholicFenside Public School
Elementary: PublicFairglen Junior Public School
Elementary: PublicCaring and Safe Schools LC2
Secondary: PublicPleasant View Junior High School
Secondary: PublicParkview Alternative School
Secondary: PublicGeorge S Henry Academy
Secondary: PublicSir John A Macdonald Collegiate Institute
Secondary: PublicVictoria Park Collegiate Institute
Secondary: Public
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