$149,000
Available - For Sale
Listing ID: W11902163
2141 Kipling Ave , Unit 10 A, Toronto, M9W 4K8, Ontario
| Starving Artist Rexdale Excellent location of popular Starving Artist Waffles & Espresso. Brunch franchise with 5 locations across Toronto. The Kipling Ave store is currently corporate and looking to sell to a franchise operator. List price for business $149,000.Producing substantial net operating income. Liquor license for 30 included, high foot traffic area in a plaza at Rexdale and Kipling Ave. Turn-key operation, all equipment owned and already fully staffed. Low rent of $3,700 per month including TMI with 2 years remaining on the lease + 5 year option to renew. Full basement in unit and open concept kitchen. Low royalties at $1,500 per month. Impressive sales in an ideal neighbourhood for the concept. Has been operating at this location for 7 years and has a great customer base. Please do not go direct, business is still in operation. Please book showings with listing agent. |
| Price | $149,000 |
| Minimum Rental Term: | 60 |
| Maximum Rental Term: | 60 |
| Taxes: | $17842.00 |
| Tax Type: | T.M.I. |
| Assessment Year: | 2023 |
| Occupancy by: | Tenant |
| Address: | 2141 Kipling Ave , Unit 10 A, Toronto, M9W 4K8, Ontario |
| Apt/Unit: | 10 A |
| Postal Code: | M9W 4K8 |
| Province/State: | Ontario |
| Lot Size: | 18.00 x 80.00 (Feet) |
| Directions/Cross Streets: | Kipling and Rexdale |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | N |
| Total Area: | 1100.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 1100 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Business/Building Name: | STARVING ARTIST WAFFLES + ESPRESSO |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | Y |
| Days Open: | 7 |
| Hours Open: | 9 AM - |
| Employees #: | 10 |
| Seats: | 30 |
| LLBO: | Y |
| Sprinklers: | N |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| COLDWELL BANKER THE REAL ESTATE CENTRE |
|
|
Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Rexdale-Kipling |
| Lot Size: | 18.00 x 80.00(Feet) |
| Tax: | $17,842 |
| Baths: | 2 |
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