$375,000
Available - For Sale
Listing ID: C12739116
563 Bloor Street West , Toronto, M5S 1Y6, Toronto
| Well-Established Downtown Restaurant - Strong Revenue & Attractive Lease Rare Opportunity To Acquire A Long-Standing, Well-Known Neighbourhood Restaurant In The Heart Of Downtown. Operating Successfully For Over 30 Years, This Location Has Built A Strong Reputation For Brunch, Late Night Dining, And A Vibrant Evening Atmosphere. The Business Generates Over $2 Million In Annual Revenue And Benefits From A Long-Term, Attractive Lease, Providing Stability For An Incoming Owner. The Restaurant Features A Full Commercial Kitchen, Efficient Layout, And A Loyal Customer Base With Consistent Foot Traffic. Known For Its Global Comfort Food Menu, Extensive Martini Program, And Nightly Djs, The Restaurant Continues To Perform As A Destination Spot Within The Neighbourhood. Includes The Established Business Name, Or The Buyer May Elect To Rebrand, Subject To Landlord Approval. Washroom's Are Located In The Basement. Well Suited For Experienced Owner-Operators Or Hospitality Groups Seeking A Proven Downtown Location With Strong Sales, Long-Tern Lease Security, And Flexibility For Future Concept Positioning. |
| Price | $375,000 |
| Minimum Rental Term: | 120 |
| Taxes: | $2100.00 |
| Tax Type: | TMI |
| Occupancy: | Owner |
| Address: | 563 Bloor Street West , Toronto, M5S 1Y6, Toronto |
| Postal Code: | M5S 1Y6 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Bloor St W & Bathurst |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 2300.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 16-30 |
| Business/Building Name: | Insomnia Restaurant and Lounge |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 10am - |
| Employees #: | 4 |
| Seats: | 70 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX PREMIER INC. |
|
|
Dir:
416-901-9881
Bus:
416-901-8881
Fax:
416-901-9881
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | University |
| Approximate Age: | 16-30 |
| Tax: | $2,100 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
