Added 2 months 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: CR3(c2;r2.5*2363
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Age: No Data
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Taxes: 4000
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MLS®#: C9294214
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Days on Site: 3 Days
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Added: Aug 31, 2024 (2 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: RE/MAX MILLENNIUM REAL ESTATE
Well-established business located on Spadina Avenue, offering a bright, neat, and clean 900 sq. ft.space with 16 seats. The store is fully equipped and situated in a prime downtown location near theUniversity of Toronto, colleges, hospitals, libraries, schools, places of worship, condominium buildings, and commercial areas. This is the first location in the Greater Toronto Area (GTA) and has significant potential for growth. An excellent business opportunity with a strong base of loyal clientele and significant walk-in traffic. Convenient street parking is available, and the lease is in place for 5 years with an option for an additional 5 years. The business operates 7 days a week and is profitable with minimal staffing requirements. Walk-in cooler, walk-in freezer, range hood, prep dishwasher, single-door beverage cooler, furniture, glass display, point of sale system, and cabinets/shelves. The cooperative seller will provide 8 weeks of training to new buyers.
Extras
Walk-in cooler, walk-in freezer, range hood, prep dishwasher, single-door beverage cooler, furniture, glass display, point of sale system, and cabinets/shelves. The cooperative seller will provide 8 weeks of training to new buyers.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Toronto
Community: Kensington-Chinatown
Availability Date: to be decided
Inside
Air Conditioning: Y
Building
Basement: N
Heat Type: Gas Forced Air Open
Water Supply: Municipal
Parking
Garage Type: Street
Fees
Tax Year: 2024
Tax Legal Description: LT 1-2 PL D296 TORONTO; CITY OF TORONTO
Taxes: $4,000
Taxes Type: Annual
Land
Cross Street: SPADINA AVE/COLLEGE
Municipality District: Toronto C01
Zoning: CR3(c2;r2.5*2363
Commercial Specific
Number of Employees: 4
Retail Area: 500
Retail Area Metric: Sq Ft
Hours Open: 11am-1a
Franchise: Y
Tangible Property Included: Y
Lot Code: Building
Seats: 16
Business/Building Name: G o G r i l l
Financial Statement: Y
LLBO: N
Downtown Vocal Music Academy of Toronto
Elementary: Publicda Vinci School
Elementary: PublicBeverley School
Elementary: PublicKensington Community School School Junior
Elementary: PublicLord Lansdowne Junior and Senior Public School
Elementary: PublicRyerson Community School Junior Senior
Elementary: PublicOasis Alternative
Secondary: PublicSubway Academy II
Secondary: PublicHeydon Park Secondary School
Secondary: PublicContact Alternative School
Secondary: PublicSt Joseph's College School
Secondary: CatholicCentral Technical School
Secondary: Public
- 0 bath
- 0 bed
20 Merchants' Wharf, Toronto, Ontario • M5A 1B6 • Waterfront Communities C08
