787 King ST W new Save Request In-Person Tour Request Virtual Tour
Toronto C01,ON M5V 1N4
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
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
Zoning Business Commercial
Interior
Cooling Yes
Exterior
Parking Features Underground
Community Features Public Transit,Recreation/Community Centre
Utilities Available Available
Building
Lot Description Lot