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$179,000
Available - For Sale
Listing ID: C13033688
Turnkey, high-energy shisha lounge positioned in a vibrant, high-traffic corridor surrounded by offices, residential communities, and dense condo living. This well-established hotspot draws a loyal evening and weekend crowd, delivering strong, consistent revenue and attractive profit margins. The space accommodates 60+ guests and offers a diverse menu of premium shisha flavors alongside cold beverages, specialty coffees, and teas-creating a relaxed, social atmosphere that keeps customers coming back. In addition to regular service, the business generates additional income through private parties and special events, providing a valuable and scalable revenue stream. Summer sales range from $30,000-$35,000 per month. Rent is $6,850/month (includes T.M.I. & H.S.T.) with a new 5-year lease plus a 5-year renewal option, offering long-term stability and predictability. Stylish, inviting setup with proven demand and excellent growth potential. Perfect for an owner-operator or investor seeking a profitable, ready-to-run concept. Comprehensive training provided for a smooth transition. Step into a thriving business and make it your own.
Price $179,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 2026 Sheppard Avenue East , Toronto, M2J 5B3, Toronto
Postal Code: M2J 5B3
Province/State: Toronto
Directions/Cross Streets: Sheppard/Victoria Park
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
Category: Without Property
Use: Restaurant
Total Area: 1,650
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Business/Building Name: Fiesta Shisha Lounge
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 5pm - 1
Employees #: 3
Seats: 60
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Income Required $ $ $ $

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HOMELIFE/BAYVIEW REALTY INC.

2026 Sheppard Avenue East , Toronto, M2J 5B3, 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 C15
Neighbourhood: Pleasant View
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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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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