Simit & Chai's original location on King Street West is a well-established and very popular licensed café in one of Toronto's busiest neighbourhoods. This charming and stylish spot has built a loyal customer base and benefits from strong foot traffic year-round. It carries a great history and track record of proven sales. The café occupies 1,271 sq ft with a gross rent of $9,062 including TMI, with a lease term in place. It is licensed for 29 interior seats plus an additional 10 on the patio, making it ideal for both dine-in and takeout. Full training will be provided for a smooth transition. This is a turnkey opportunity offering net operating income for hands-off ownership. A rare chance to take over a successful business in a high-demand area. Please do not go direct or speak to staff.
Address
787 King Street W
List Price
$399,000
MLS® Status
New
Expiration Date
2025-11-30
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
For Sale
Area
Toronto C01
Sub-Area
Niagara
Region
Toronto
Bathrooms
1
Lot Size Source
GeoWarehouse
Lot Depth
44
Lot Shape
Irregular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
28.8
Total Building Area
1271
Occupant Type
Vacant
Cross Street
King and Niagara
MLS® Number
C12310749
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement
No
Postal Code
M5V 1N4
Posession Details
Tbd
Parking Spaces
1
Tax Year
2024
Community Features
Public Transit, Recreation/Community Centre
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Underground
Sewer
Sanitary+Storm
Business Name
Simit & Chai