Sale Of BusinessMLS® C12957762
164 The Esplanade Avenue
Waterfront Communities C8, Toronto C08, ON M5A 4H2
$249,000
2 Bath
About This Property
Opportunity to purchase this successful & well established local licensed pizzeria restaurant with an appetizing menu in business for over 28 years. Within a short walk to the St. Lawrence Market & Community Recreation Centre, across the street from the doggy park & within minutes of The Gardner & the Waterfront. With a licensed dining room/bar for Approx. 38 patron's and a licensed covered patio for Approx. 30 patron's. Exclusive use of 2 rear parking spaces with 3 other spaces that can be used when available. High traffic high density location with over 1500 new luxury condo units just completed in a master planned community at Time & Space by The Pemberton Group within immediate proximity of the restaurant. Terrific Co-Op lease in place with the city with 4.5 years remaining + 5 year option with no issues renewing with very little to no increases. Sellers have spent approx. 80k on chattels and renovations in past couple of years. ****This Restaurant Was The Proud Recipient Of The 2024 Restaurant Guru Award**** Known Locally By Many For Their Famous Pizza
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