#10 A – 2141 Kipling Avenue, Toronto, ON M9W 4K8 – Toronto – $149,000

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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.

Property Details

• Property Type: Commercial
• List Price: $149,000
• Tax Year: 2023
• Annual Taxes: $17,842