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$375,000
Available - For Sale
Listing ID: C12739116
Well-Established Downtown Restaurant - Strong Revenue & Attractive Lease Rare Opportunity To Acquire A Long-Standing, Well-Known Neighbourhood Restaurant In The Heart Of Downtown. Operating Successfully For Over 30 Years, This Location Has Built A Strong Reputation For Brunch, Late Night Dining, And A Vibrant Evening Atmosphere. The Business Generates Over $2 Million In Annual Revenue And Benefits From A Long-Term, Attractive Lease, Providing Stability For An Incoming Owner. The Restaurant Features A Full Commercial Kitchen, Efficient Layout, And A Loyal Customer Base With Consistent Foot Traffic. Known For Its Global Comfort Food Menu, Extensive Martini Program, And Nightly Djs, The Restaurant Continues To Perform As A Destination Spot Within The Neighbourhood. Includes The Established Business Name, Or The Buyer May Elect To Rebrand, Subject To Landlord Approval. Washroom's Are Located In The Basement. Well Suited For Experienced Owner-Operators Or Hospitality Groups Seeking A Proven Downtown Location With Strong Sales, Long-Tern Lease Security, And Flexibility For Future Concept Positioning.
Price $375,000
Minimum Rental Term: 120
Taxes: $2,100
Tax Type: TMI
Occupancy by: Owner
Address: 563 Bloor Street West , Toronto, M5S 1Y6, Toronto
Postal Code: M5S 1Y6
Province/State: Toronto
Directions/Cross Streets: Bloor St W & Bathurst
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 2,300
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 16-30
Business/Building Name: Insomnia Restaurant and Lounge
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 10am -
Employees #: 4
Seats: 70
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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RE/MAX PREMIER INC.

563 Bloor Street West , Toronto, M5S 1Y6, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C01
Neighbourhood: University
Style:
Lot Size: x 110.00(Feet)
Approximate Age: 16-30
Tax: $2,100
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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