92, Fort York, Waterfront Communities C1, Toronto, Commercial

MLS® Number C12858558
For Sale   $ 699,000
  • 5688 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Sale Of Business For Sale.

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.

Cross Street: Fort York Blvd & Spadina Ave

Business Name: Nome Izakaya

Key Facts

  • Days on: 1 days
  • Mls Status: New
  • Lot Type: Unit
  • Garage Type: None
  • Heat Type: Electric Forced Air
  • Cooling: Yes
  • Building Area Total: 5688 Square Feet
  • Retail Area: 5688 Sq Ft

Location 92, Fort York, Waterfront Communities C1, Toronto

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Kate Naccarato
Sales Representative 416-779-6085