19
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$399,000
Est. payment /mo
1 Bath
1,271 SqFt
Active
787 King ST W Toronto C01, ON M5V 1N4
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,271 sqft
Price per Sqft $313
Subdivision Niagara
MLS Listing ID C12310749
Tax Year 2024
Property Sub-Type Sale Of Business
Lot Depth 44.0
Lot Front 28.8
Property Description
Simit & Chai's original location on King Street West is a well-established and very popular licensed café in one of Toronto's busiest neighbourhoods. This charming and stylish spot has built a loyal customer base and benefits from strong foot traffic year-round. It carries a great history and track record of proven sales. The café occupies 1,271 sq ft with a gross rent of $9,062 including TMI, with a lease term in place. It is licensed for 29 interior seats plus an additional 10 on the patio, making it ideal for both dine-in and takeout. Full training will be provided for a smooth transition. This is a turnkey opportunity offering net operating income for hands-off ownership. A rare chance to take over a successful business in a high-demand area. Please do not go direct or speak to staff.
Location
Province ON
County Toronto
Community Niagara
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 28.8
Lot Depth 44.0
Listed by ROYAL LEPAGE SIGNATURE REALTY
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