92 Fort York Boulevard, Toronto C01, ON M5V 4A7

Toronto C01 M5V 4A7 Ontario

MLS: C12858558

$699,000

Added 2 hours ago | For Sale

Listed by: RIGHT AT HOME REALTY

About Property

Here is the text transcribed from the image:A high-performing Japanese Izakaya that consistently draws a young, trendy crowd and delivers strong volume, with approximately $1.5M in gross sales over the last 12 months. Estimated costs are highly workable at roughly ~30% payroll and ~30% food cost, leaving plenty of room to keep maximizing profit with the current concept, or swap cuisines easily in a space built for throughput.The restaurant offers approximately 5,688 sq ft with a large ~1,200 sq ft kitchen, featuring a 16-ft commercial hood, plus a 10' x 10' walk-in cooler and 10' x 10' freezer (both only 2 years old). Seating is 98 chairs, and the LLBO is approved for 180 seats including patio, incredible for high-volume dine-in, events and late-night service. The lease provides long-term stability with 8 years remaining + option, and rent is $21k/month inclusive of TMI. This is a turnkey, revenue-proven spot with the size, licensing, and equipment to scale. Don't miss this opportunity.

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
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  • Cross Street:Fort York Blvd & Spadina Ave
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes:
  • Bedrooms:
  • Total Parking Spaces:
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  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:C12858558

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