$498,888
Available - For Sale
Listing ID: C10421470
2550 Victoria Park Ave West , Unit Unit , Toronto, M2J 5A9, Ontario
| Established and turnkey, this Halibut House Fish and Chips franchise presents an excellent opportunity for new ownership in a high-traffic Toronto location. Spanning over 2,000 sq ft, it offers spacious indoor seating for more than 50 guests, along with a patio that accommodates 40 perfect for seasonal dining. Known for quality and consistency, Halibut House provides strong brand recognition in the casual dining sector, with startup costs for new franchises often exceeding $650K. This established location, however, offers a more accessible entry into the franchise model without the hefty initial investment. Strategically positioned near major transit routes and highways, the restaurant enjoys steady foot traffic and high visibility, attracting a diverse customer base from the surrounding workforce and local community. With a secure 10-year lease and the option to renewal, this franchise offers long-term stability and growth potential. Achieving a profitable margin over 25%, this location combines proven success with room for further development under a trusted brand. |
| Price | $498,888 |
| Taxes: | $17.24 |
| Tax Type: | T.M.I. |
| Occupancy by: | Owner |
| Address: | 2550 Victoria Park Ave West , Unit Unit , Toronto, M2J 5A9, Ontario |
| Apt/Unit: | Unit |
| Postal Code: | M2J 5A9 |
| Province/State: | Ontario |
| Lot Size: | 75.00 x 29.21 (Feet) |
| Directions/Cross Streets: | Victoria Park and Sheppard |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | N |
| Retail Area: | 2191 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Business/Building Name: | 2550 Victoria Park Ave |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | Y |
| Days Open: | 7 |
| Hours Open: | 10 |
| Employees #: | 3 |
| Seats: | 90 |
| LLBO: | Y |
| Washrooms: | 2 |
| Heat Type: | Elec Forced Air |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| IPRO REALTY LTD. |
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|
RAY NILI
Broker
Dir:
(416) 837 7576
Bus:
(905) 731 2000
Fax:
(905) 886 7557
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Henry Farm |
| Lot Size: | 75.00 x 29.21(Feet) |
| Tax: | $17.24 |
| Baths: | 2 |
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