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2550 Victoria Park Avenue Image 1

$399,999

$448,888
10.9% dropped

Last price change Feb 4

Nov 13, 2024Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #C10421470

2550 Victoria Park Avenue, Toronto C15, ON M2J 5A9

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Average Price
39999900.0%
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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 2550 Victoria Park Avenue

Established and turnkey, this Halibut House Fish and Chips franchise presents an excellent opportunity for new ownership in a high-traffic Toronto location. Spanning over 2,000 sq ft, it offers spacious indoor seating for more than 50 guests, along with a patio that accommodates 40 perfect for seasonal dining. Known for quality and consistency, Halibut House provides strong brand recognition in the casual dining sector, with startup costs for new franchises often exceeding $650K. This established location, however, offers a more accessible entry into the franchise model without the hefty initial investment. Strategically positioned near major transit routes and highways, the restaurant enjoys steady foot traffic and high visibility, attracting a diverse customer base from the surrounding workforce and local community. With a secure 10-year lease and the option to renewal, this franchise offers long-term stability and growth potential. Achieving a profitable margin over 25%, this location combines proven success with room for further development under a trusted brand.

Home Overview

Last updated

Feb 4

Virtual tour

None

Basement information

Building size

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Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

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Listed by IPRO REALTY LTD.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Electric Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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