2f - 556 Yonge Street , Toronto (Bay Street Corridor), ON M4Y1Y8
Toronto (Bay Street Corridor), ON M4Y1Y8
Description
In the heart of downtown Toronto, right next to Yonge and Wellesley Streets, lies a thriving board game cafe perfectly positioned to attract today's young crowd. This centrally located business boasts a spacious 4,122 sq ft across two floors. Completely renovated and equipped by the current owner for approximately $420,000, the cafe is move-in ready for continued success. The open lower floor offers a welcoming atmosphere with 10 tables, 40 seats, and a massive library of over 200 board games, catering perfectly to both couples and larger groups. Head upstairs and you'll find 8 private rooms ideal for a more intimate gaming experience, each equipped with automatic Mahjong tables. But the fun doesn't stop there! A convenient mini mart ensures you have all the snacks and drinks you need for your game night, while the kitchen, complete with LCBO licensing, allows you to enjoy alcoholic beverages as well. The current lease offers attractive terms with a monthly rent of approximately $22,179 (including TMI) and a remaining term of 5.3 years with a 5-year renewal option. Open seven days a week, the cafe caters to both weekday and weekend crowds, operating from 5 pm to 1 am Monday through Thursday and extended hours from 2 pm to 1 am on Fridays through Sundays. With sales steadily increasing as the cafe gains more popularity, this is a prime opportunity to step into a turn-key business with all the amenities, equipment, and licenses already in place for guaranteed success. **** EXTRAS **** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. (id:374)
Details
| Mls | C8476874 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 169 |
| Listing Provided By | REAL ONE REALTY INC. | JENNY MIAO |
Features
| Baths | 2 Total |
|---|---|
| Sq Feet | 4,122 |
| Zoning | Commercial Residential Zone (CR3 |
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Learn More About This Property
| State | ON |
|---|---|
| City | Toronto (Bay Street Corridor) |
| Zip Code | M4Y1Y8 |
| Listing VS Median (in M4Y1Y8) | |
Price: $158,000 low | high Med: $158,000 SqFt: 4,122 low | high Med: 4,122 $ / SqFt: $38 low | high Med: $38 On Site: 169 low | high Med: 169.000000 | |