Added 4 months ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Entertainment
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Zoning: Commercial Resid
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Age: No Data
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Taxes: 1000
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MLS®#: C8476874
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Days on Site: 58 Days
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Added: Jun 25, 2024 (4 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: REAL ONE REALTY INC.
In the heart of downtown Toronto, right next to Yonge and Wellesley Streets, lies a thriving board game cafe perfectly positioned to attract today's young crowd. This centrally located business boasts a spacious 4,122 sq ft across two floors. Completely renovated and equipped by the current owner for approximately $420,000, the cafe is move-in ready for continued success. The open lower floor offers a welcoming atmosphere with 10 tables, 40 seats, and a massive library of over 200 board games, catering perfectly to both couples and larger groups. Head upstairs and you'll find 8 private rooms ideal for a more intimate gaming experience, each equipped with automatic Mahjong tables. But the fun doesn't stop there! A convenient mini mart ensures you have all the snacks and drinks you need for your game night, while the kitchen, complete with LCBO licensing, allows you to enjoy alcoholic beverages as well. The current lease offers attractive terms with a monthly rent of approximately $22,179 (including TMI) and a remaining term of 5.3 years with a 5-year renewal option. Open seven days a week, the cafe caters to both weekday and weekend crowds, operating from 5 pm to 1 am Monday through Thursday and extended hours from 2 pm to 1 am on Fridays through Sundays. With sales steadily increasing as the cafe gains more popularity, this is a prime opportunity to step into a turn-key business with all the amenities, equipment, and licenses already in place for guaranteed success.
Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Property
Status: Sale
Type: Entertainment
Property Type: Sale Of Business
Property Type: Without Property
Area: Toronto
Community: Bay Street Corridor
Availability Date: TBD
Inside
Bathrooms: 2
Air Conditioning: Y
Washrooms: 2
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Closd
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Public
Fees
Tax Year: 2023
Tax Legal Description: PT LT 27 PL D3 TORONTO AS IN EP147606; T/W EP14760
Taxes: $1,000
Taxes Type: Annual
Land
Cross Street: Wellesley St & Yonge
Municipality District: Toronto C01
Parcel Number: 211040104
Lot Depth: 123 Feet
Lot Frontage: 23.08 Feet
Zoning: Commercial Resid
Commercial Specific
Number of Employees: 11
Retail Area: 3500
Retail Area Metric: Sq Ft
Total Area: 4122
Total Area Metric: Sq Ft
Hours Open: 2PM-1AM
Area Influence: Public Transit
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Seats: 72
Business/Building Name: 17 Tiles
Financial Statement: N
LLBO: Y
Msgr Fraser College (OL Lourdes Campus)
Elementary: CatholicCollège français élémentaire
Elementary: PublicOrde Street Public School
Elementary: PublicChurch Street Junior Public School
Elementary: PublicJesse Ketchum Junior and Senior Public School
Elementary: PublicOur Lady of Lourdes Catholic School
Elementary: CatholicNative Learning Centre
Secondary: PublicSt Michael's Choir (Sr) School
Secondary: CatholicCollège français secondaire
Secondary: PublicMsgr Fraser-Isabella
Secondary: CatholicJarvis Collegiate Institute
Secondary: PublicSt Joseph's College School
Secondary: Catholic
