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$230,000
Available - For Sale
Listing ID: C13527936
Exceptional opportunity to own a well-established Gabby's Franchise Pub & Restaurant in one of Toronto's busiest locations at Eglinton Avenue East & Mount Pleasant Road. Successfully operating for over 35 years, this profitable licensed restaurant enjoys a loyal customer base, strong neighborhood presence, and excellent visibility in a high-traffic commercial area. Weekly sales are approximately $15,000 (as per Seller), with over 70% of revenue generated from liquor sales, producing an impressive 75%+ gross profit margin on liquor. Very affordable occupancy costs with rent and TMI totaling only $4,484 per month. The business also includes a large one-bedroom apartment upstairs, currently rented for $2,000 per month, providing valuable additional income and helping offset operating expenses. Long-term lease in place until October 2030, plus one additional 5-year renewal option, offering long-term security. Fully LLBO licensed with 41 indoor seats and a 35-seat licensed outdoor patio, making it ideal for year-round dining and seasonal patio service. Operating hours are Monday to Friday from 3:00 PM to 2:00 AM and Saturday & Sunday from 12:00 Noon to 2:00 AM. Low flat franchise royalty and advertising fees. Online ordering is available through Uber Eats, DoorDash, and Gabby's online ordering platform, providing multiple revenue streams. Excellent opportunity for an owner-operator, family business, investor, or experienced restaurateur looking to acquire a profitable Toronto restaurant with stable cash flow and significant growth potential. Plenty of opportunities to increase sales through expanded marketing, catering, special events, sports nights, entertainment, and extended food promotions. Turnkey operation, repeat clientele, trained staff, and strong comm Rare chance to acquire a successful licensed pub and restaurant franchise in a premium Midtown Toronto location with low overhead, additional rental income, excellent liquor margins, and long-term lease security.
Price $230,000
Taxes: $21,000
Tax Type: Annual
Occupancy by: Tenant
Address: 383 Eglinton Avenue East , Toronto, M4P 1M5, Toronto
Postal Code: M4P 1M5
Province/State: Toronto
Directions/Cross Streets: Eglinton/Bayview
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Without Property
Use: Bar/Tavern/Pub
Building Percentage: T
Total Area: 980
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: Weekday
Employees #: 7
Seats: 41
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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383 Eglinton Avenue East , Toronto, M4P 1M5, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C10
Neighbourhood: Mount Pleasant East
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Lot Size: x 82.00(Feet)
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Tax: $21,000
Maintenance Fee: $0
Beds: 0
Baths: 0
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
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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