588 Danforth Avenue, Toronto | Image 1

588 Danforth Avenue

Toronto, Playter Estates-Danforth

  • Commercial

$274,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: Business Commerc

  • Age: No Data

  • MLS®#: E9363435

  • Days on Site: 61 Days

  • Added: Sep 20, 2024 (2 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Smoke's Poutinerie is Canada's premier poutine franchise with over 40 locations across Ontario and one of the most recognizable brands in the marketplace. This location is in the heart of Greektown on the Danforth and has constant foot traffic and subway stations on either side of it. South facing quick service restaurant (QSR) with a great 1,250 Sq Ft layout that is easy to staff and manage and keep your labour costs low. Full support and training by head office pending franchisee approval and royalty rates of 6% + 2%. Please do not go direct or speak to staff. Potential to add a summer patio.

Extras

Great lease rate of $7,198 Gross Rent including TMI with 4 + 5 years remaining. Newly renovated and in excellent condition with new equipment. Limited seating for 10 with great signage on Danforth. 1walk-in fridge.

Property

  • Status: Sale

  • Type: Fast Food/Take Out

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Playter Estates-Danforth

  • Availability Date: TBD

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Outside Storage: Y

  • Water Supply: Municipal

  • Amps: 200

Parking

  • Garage Type: Lane

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2023

  • Taxes Type: T.M.I.

Land

  • Cross Street: Danforth & Pape

  • Municipality District: Toronto E03

  • Sewer: San+Storm

  • Lot Depth: 120.2 Feet

  • Lot Frontage: 14.58 Feet

  • Zoning: Business Commerc

Commercial Specific

  • Number of Employees: 8

  • Rail: N

  • Retail Area: 1250

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 1250

  • Total Area Metric: Sq Ft

  • Hours Open: 11-3

  • Area Influence: Public Transit

  • Area Influence: Subways

  • Franchise: Y

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 10

  • Soil Test: N

  • Business/Building Name: Smoke's Poutinerie

  • Financial Statement: Y

  • LLBO: N

Map of 588 Danforth Avenue, Toronto
JK-8

Holy Name Catholic School

Elementary: Catholic
0.14 km
JK-6

Frankland Community School Junior

Elementary: Public
0.34 km
6-8

Westwood Middle School

Elementary: Public
0.93 km
JK-6

Pape Avenue Junior Public School

Elementary: Public
1.01 km
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Earl Grey Senior Public School

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Jackman Avenue Junior Public School

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Eastdale Collegiate Institute

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CALC Secondary School

Secondary: Public
1.13 km
9-12

Danforth Collegiate Institute and Technical School

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1.11 km
9-12

Riverdale Collegiate Institute

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1.37 km
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