College St. and Clinton Ave. is the heart of Toronto's vibrant Little Italy, an area renowned for its restaurants, streetlife and urban sophistication. It's also the corner with one of the nicest rooms in the city for casual dining, drinks and meeting friends.That location is now available. If you're an experienced restaurateur in Toronto, you'll recognize College and Clinton as an ideal spot to expand or move your existing business. If you're an ambitious chef looking to branch out and build your own menu, or if you're looking for a first venture in Toronto's exciting restaurant market, we offer an ideal location that will reward the hard work and great ideas you'll bring.
Situated on the Northwest corner, the restaurant has seating for 65. It's licensed, and has a great patio located along Clinton street, right across from the perennially popular Diplomatico.
The resto was built by the present proprietors less than ten years ago, who completed a full conversion from a corner handy store. That means that the construction is recent, and your expenses to start business in this gem could be as little as a coat of paint: contrast that with the costs and time of new renovation, permits etc. and this deal will jump out as a terrific value.
The restaurant, including the serpentine bar and open kitchen, is about 1100 square feet (purchaser to verify). In addition, there's a plenty of prep area downstairs including walk-in fridge, draft beer fridge, washing stations and storage, which means you'll maximize your retail area, and isolate customers from the behind-the-scenes activity. The entire enterprise, with all fixtures and chattels is a package, giving you a turn-key operation; almost nothing remains to be done to make this your own and start making money beyond choosing a name.
The room is bounded by large, bright windows, including full southern exposure, but still provides an intimate atmosphere at night. A Municipal parking (Green P) lot is just steps away.
In addition to the existing resto, two apartments, including one two storey unit easily converted to 3 bedrooms at minimum expense is part of the existing lease.
For sale is the business, fixtures, chattels and existing lease; the present proprietors will work with a potential buyer to try secure a lease extension from the landlord.
Inquiries can be emailed to Daniel Donaldson, Sales Representative, Sutton Group Associates, at dan@omnivore.ca, or by phone: 647 502 3398. Please, no direct inquires at the restaurant itself.
