Description

Outstanding Franchise restaurant opportunity located at premium King St East, heart of downtown Toronto. Restaurant is surrounded by George brown college campus, major offices/banks and condos ensuring strong and stable customers for lunch and dinner. Great potential for 24/7 operations; directly connected to TTC street cars/bus service. Large towers by reputed builders (Pemberton-sold out) have recently been completed totalling 1960 condos, occupants have begun moving in; another multi-storey condo by Menkes under construction (439 condos); EQ Bank Tower largely complete and anticipated ready to move in by Q1 2025. LRT is located within walking distance. These developments are estimated to bring in additional 9000+ new customers (in addition to existing customers) within 300 meters of the restaurant. This restaurant has the latest equipment with rapidly developing customer base; average household income of 135K; rent frozen for 2 years and lease good thru 2028 with another option to extend the lease by another 5 years. A rare opportunity for new entrepreneurs(immigrants and citizens alike); seller is open to partnership as well ensuring long term ownership and employment.

Highlights

Showing can be booked with Listing Agent. Please Schedule between 4:30pm to 10:00pm (Mon-Wed), Fridays from 4:30pm -7:00 pm, Saturdays 11:00am-10:00pm, Sunday showings not possible.