Price: $195,000

686 QUEEN Street E, Toronto E01, ON M4M 1G9

An exceptional opportunity to own booming Cocktail Bar, a thriving restaurant and bar business located at the busiest intersection, in the heart of Leslieville. This beautifully renovated and fully licensed establishment offers a cozy dining room with seating for 27 guests and a secluded private patio that accommodates an additional 30 patrons. The business generates impressive and highly lucrative revenues, supported by a loyal clientele and strong weekend performance. Fantastic lease terms, providing stability and exceptional value for the location. Operating as a Cocktail Bar this location is a beloved neighborhood destination, known for its inviting atmosphere and extended weekend hours. With $150,000 worth of owned kitchen equipment, $250,000 invested in renovations and tasteful high quality upgrades, this is a fully operational, turnkey business ready for a new owner to thrive. Situated at the busiest intersection in Leslieville, surrounded by popular restaurants, bars, and retail establishments, the location boasts high visibility and consistent foot traffic. This is a rare opportunity to acquire a profitable and well-established business in one of Toronto's most vibrant and sought-after neighborhoods. Great area.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$195,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Toronto E01, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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