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$299,000
Est. payment /mo
2 Baths
960 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $311
Subdivision Leaside
MLS® Listing ID C12097756
Originating Board Toronto Regional Real Estate Board
Property Description
Have you ever dreamed of owning and running your own cafe? Clocking in at 7am and locking up by 5pm? Working remotely while you sip coffee to the smell of baked goods? Well, heres your chance to own one of Torontos most respected independent cafés in the heart of Leaside. Closing in on 10 years at this location, Lit Espresso Bar is a beloved local staple with the vibe of a boutique café and the systems of a franchise minus the royalty fees. Known for its exceptional coffee, in-house roasted beans, and loyal clientele, this café rivals the strongest chains in the city. Strategically located on Bayview Aves bustling retail corridor, the café enjoys steady foot traffic, high sales volume, and a strong NOI that easily covers the owners salary. With 3 years remaining on the lease plus a 5-year renewal option, the business offers security, profitability, and room to grow. Whether you're a hands-on operator or looking to expand your portfolio, Lit comes with built-in goodwill, brand recognition, and potential to scale across the city. Seller is offering full training for a seamless transition. Please do not go direct or speak to staff. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Muhamed Awada
Real Estate Agent | License ID: 4726552
Real Estate Agent License ID: 4726552