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Accommodation & Food Services

Discreet Downtown Toronto Italian

Toronto, ON, CAN
Updated 1 day ago

Gorgeous and longstanding licensed Italian restaurant available in downtown Toronto. This established operation has a 16-year history with very impressive sales and excellent income for ownership. AAA downtown location positioned between the Financial District and one of Toronto’s busiest tourist areas. Approximately 5,000 sq. ft. and licensed for 106 inside plus 20 on the lovely patio, with a full chef’s kitchen featuring a 12-ft commercial hood and 2 walk-in fridges. Excellent lease rate of $30,000 Gross Rent including TMI, water, hydro, and garbage, with 2 + 5 years remaining. A rare opportunity to acquire a proven and highly profitable downtown restaurant. Please do not go direct or speak to staff or ownership.

History

16-year

Gross Rent

$30,000

Lease Term

2 + 5 years remaining

Square Footage

5,000 Sq Ft

Restaurant Type

Italian Restaurant with Patio

Seating Capacity

106 + 20 Patio

Financials

Asking Price
$1.8M
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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