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$ 498,888
Est. payment /mo
New
2550 Victoria Park AVE W #Unit 3 Toronto C15, ON M2J 5A9
2 Baths
UPDATED:
11/13/2024 04:27 AM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID C10421470
Annual Tax Amount $17
Tax Year 2024
Property Description
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.
Location
Province ON
County Toronto
Community Major Highway, Public Transit
Area Henry Farm
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Parking Type Plaza
Listed by IPRO REALTY LTD.