2141 Kipling AVE #10 A Active

Toronto W10,ON M9W 4K8

$ 149000

- Bed

2 Baths

1100 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $135

Subdivision Rexdale-Kipling

MLS Listing ID W11902163

Annual Tax Amount $17,842

Tax Year 2023

Property Sub-Type Sale Of Business

Property Description

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.

Location

State ON

County Toronto

Community Rexdale-Kipling

Area Toronto

Zoning Commercial

Interior

Cooling Yes

Inclusions All kitchen equipment, restaurant fixtures and chattels included.

Exterior

Community Features Major Highway,Public Transit

Lot Frontage 18.0

Lot Depth 80.0

Others

Security Features No

View More
Favorite Go Tour