$274,000
Available - For Sale
Listing ID: E9363435
588 Danforth Ave , Toronto, M4K 1R1, Ontario


Smoke's Poutinerie is Canada's premier poutine franchise with over 40 locations across Ontario and one of the most recognizable brands in the marketplace. This location is in the heart of Greektown on the Danforth and has constant foot traffic and subway stations on either side of it. South facing quick service restaurant (QSR) with a great 1,250 Sq Ft layout that is easy to staff and manage and keep your labour costs low. Full support and training by head office pending franchisee approval and royalty rates of 6% + 2%. Please do not go direct or speak to staff. Potential to add a summer patio.
Extras:   Great lease rate of $7,198 Gross Rent including TMI with 4 + 5 years remaining. Newly renovated and in excellent condition with new equipment. Limited seating for 10 with great signage on Danforth. 1walk-in fridge.
Price $274,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 588 Danforth Ave , Toronto, M4K 1R1, Ontario
Postal Code: M4K 1R1
Province/State: Ontario
Lot Size: 14.58 x 120.20 (Feet)
Directions/Cross Streets: Danforth & Pape
Category: Without Property
Use: Fast Food/Take Out
Building Percentage: N
Total Area: 1250.00
Total Area Code:  Sq Ft
Retail Area: 1250
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Business/Building Name: Smoke's Poutinerie
Financial Statement: Y
Chattels: Y
Franchise: Y
Hours Open: 11-3
Employees #: 8
Seats: 10
LLBO: N
Sprinklers: N
Washrooms: 2
Outside Storage: Y
Rail: N
Crane: N
Soil Test: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY
Personal Picture
Sherin M Justin, CPA CGA
Sales Representative
Dir:
647-231-8657
Bus:
905-239-9222
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Playter Estates-Danforth
Style:
Lot Size: 14.58 x 120.20(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 2
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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