810 College Street, Toronto | Image 1

810 College Street

Toronto, Palmerston-Little Italy

  • Commercial

$179,000
For Rent

Added 6 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial / Res

  • Age: No Data

  • MLS®#: C11902147

  • Added: Dec 29, 2024 (6 days ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: COLDWELL BANKER THE REAL ESTATE CENTRE

Fantastic location of popular Starving Artist Waffles & Espresso. Brunch franchise with 5 locations across Toronto. The College Street store is currently corporate and looking to sell to a franchise operator. Business Sale Price: $179,000. Producing substantial net operating income. Liquor license for 55 included, high foot traffic area at College and Ossington. Turn-key operation, all equipment owned and already fully staffed. Low rent of $4,650 GROSS including TMI with 5-year option to renew. Full basement in unit and open concept kitchen. Low royalties at $2,000 per month. Impressive sales in an ideal neighbourhood for the concept. Has been operating at this location for 10 years and has a great customer base. Do not go direct, business is still in operation. Book showings through listing agent.

Property

  • Status: Lease

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Palmerston-Little Italy

  • Availability Date: TBD

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Lane

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: College and Ossingto

  • Municipality District: Toronto C01

  • Lot Depth: 109 Feet

  • Lot Frontage: 16.81 Feet

  • Zoning: Commercial / Res

Commercial Specific

  • Number of Employees: 12

  • Retail Area: 1680

  • Retail Area Metric: Sq Ft

  • Terms: 120

  • Total Area: 1680

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 60

  • Hours Open: 9 AM -

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 55

  • Business/Building Name: STARVING ARTIST WAFFLES + ESPRESSO

  • Financial Statement: N

  • LLBO: Y

7-8

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