For Sale

246 Queen Street, Toronto (Kensington-Chinatown), Ontario M5V1Z7

$989,000

246 Queen Street, Toronto (Kensington-Chinatown), Ontario M5V1Z7 is For Sale and has a listing price of 989,000. The property is located in the Grange Park neighbourhood. It's been on the website for 41 Days.

  • Business
    Property Type
  • MLS ID: C9390858
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.,ROYAL LEPAG
Property Description

We’re excited to bring to you a new high sales and high income producing restaurant opportunity in the heart of downtown Toronto situated at Queen W & University. German Doner Kebab (GDK) is now available for a new franchisee with total revenue just shy of $2,000,000.00. This opportunity is a smart move for anyone looking to tap into the fast-casual dining market with a unique twist. GDK offers a fresh, high-quality product that stands out from traditional fast food, combining the rich flavors of authentic doner kebabs with a modern, healthier approach. With a proven track record of success in multiple countries, GDK attracts a diverse customer base, ensuring strong repeat business. As a franchisee, you’ll benefit from comprehensive support, including marketing, training, and operational guidance, making it an exciting and profitable opportunity in the growing demand for global street food experiences. Please do not go direct or speak to staff. Your discretion is appreciated. **** EXTRAS **** * Net Rent = $20,000.00 * 7 Years Remaining + 2 x 5 Year Renewal Options * 160 Locations Worldwide * Royalties = $1500/month * Advertising = 1% of Net Sales * (id:43137)

Property Details
  • MLS ID: C9390858
  • Price: $989,000
  • Transaction Types: For Sale
  • Ref ID: 27526818
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/10/2024 C9390858 $989,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Grange Park
  • $975,680 Average List Price
    based on 1 year
  • 168 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.6 % Up
  • Sold (12mo) 79
  • Rented (12mo) 704

  • 1 Month Change -5.2%
  • 3 Month Change -17.5%
  • 6 Month Change +44.2%
Walkscore
  • 100 Walk Score
    Walker's Paradise
  • 100 Transit Score
    Rider's Paradise
  • 98 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    10.92%
  • Commercial
    5.94%
  • Condo
    83.08%
  • Land for Sale
    0.03%
  • Parking
    0.03%
Additional Details
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 10/10/2024 00:00:00
  • Zoning Rd1.4
  • Agent Name: JASON KLEYN,SAMIRA KLEYN
  • Last Updated: 06/11/2024 22:04:43
Open House Dates
Want to see this property?