92 FORT YORK BOULEVARD

$688,000

Waterfront Communities, Toronto, Ontario

  • 5,688 square feet
Business · BusinessType
Forced airHeating
Fully air conditionedCooling
175Days on market
$121 / sqftPrice / sqft

About this property

Here is the text transcribed from the image:A high-performing Japanese Izakaya that consistently draws a young, trendy crowd and delivers strong volume, with approximately $1.5M in gross sales over the last 12 months. Estimated costs are highly workable at roughly ~30% payroll and ~30% food cost, leaving plenty of room to keep maximizing profit with the current concept, or swap cuisines easily in a space built for throughput.The restaurant offers approximately 5,688 sq ft with a large ~1,200 sq ft kitchen, featuring a 16-ft commercial hood, plus a 10′ x 10′ walk-in cooler and 10′ x 10′ freezer (both only 2 years old). Seating is 98 chairs, and the LLBO is approved for 180 seats including patio, incredible for high-volume dine-in, events and late-night service. The lease provides long-term stability with 8 years remaining + option, and rent is $21k/month inclusive of TMI. This is a turnkey, revenue-proven spot with the size, licensing, and equipment to scale. Don’t miss this opportunity. (id:66327)

Property details

Interior

Living area
5,688 square feet

Exterior & parking

Architectural style
[]

Building & HOA

Heating
Forced air
Cooling
Fully air conditioned

Financial & legal

List price
$688,000
Price / sqft
$121 / sqft
Status
Active
MLS® number
C12858558

Location

City
Toronto
Neighbourhood
Waterfront Communities
Province
Ontario
Postal code
M5V4A7
Directions
Fort York Blvd & Spadina Ave

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

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