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Downtown Bar And Rooftop Patio In Toronto For Sale

Toronto, Ontario
Asking Price:
$600,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,000,000 (CAD)
Cash Flow:
$160,000 (CAD)

An amazing opportunity to own and operate a successful Bar/Nightclub/Restaurant with a Rooftop patio, minutes away from Roger's centre. Licensed Capacity 352!!!!
Current annual sales over 1m and only room to grow as population density increases with Condo growth.

If interested please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

4 years plus 5 year option

Leasehold Rent:

400k Gross gross per annum

Premises Details:

Space occupies 4th, 5th floors with a rooftop patio

Size in square feet:
5000sq2

Business Operation

Competition / Market:

Already a busy address with legendary business located at the same address. Great overflow with joint interests.

Reasons for selling:

Nearing retirement. Live outside city

Trading hours:

Winter- 2 days per week
Summer- 7 days per week

Employees:
8
Years established:
2 years

Other Information

Support & training:

Will provide hands-on training for 6 months including 90-days licence transfer

Furniture / Fixtures value:
$45,000 (CAD) - included in the asking price
Inventory / Stock value:
$15,000 (CAD) - included in the asking price
Website:
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Related Documents:

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